The federal government through the Budget Office says it has concluded plans to drive an efficient budgetary system for Ministries, Departments, and Agencies (MDAs) by introducing the Government Integrated Financial Management Information System Budget Preparation Sub-System (GIFMIS/BPS).
The Director General of the Budget Office of the Federation, Tanimu Yakubu, disclosed this yesterday in Abuja at the training of MDAs personnel on 2025 budget preparation.
Yakubu said the quality of the national budget has been a longstanding concern, with stakeholders often questioning the relevance, execution, and effectiveness of the country’s budgetary proposals.
He said, “As we prepare the 2025 budget, I urge all MDAs to stay true to their mandates. Our executive budget proposals must be coherent and purpose-driven, embodying the government’s vision for security and development.
“The GIFMIS Budget Preparation Subsystem Training Session provides us with an invaluable opportunity to acquire the tools and knowledge necessary to enhance our budgetary processes. This technology-driven system is designed to improve efficiency, eliminate bottlenecks, address padding and promote accountability,” he said.
The DG charged participants to meticulously review budget submissions to ensure they align with the federal government’s goal; to safeguard the essential economic functions of producing, distributing, and consuming goods and services.
