In a bid to tackle financial irregularities within the Universal Basic Education Commission (UBEC), the commission has initiated a specialized training program for its staff members.
The training aims to address issues of financial leakages and promote the efficient use of resources within the commission.
Dr Hamid Bobboyi, the Executive Secretary of UBEC, emphasized the importance of the five-day training for the 36 states and the Federal Capital Territory (FCT). The decision to implement this training comes after the commission’s identification of various financial infractions during its nationwide financial monitoring exercises.
Dr Bobboyi, represented by Dr Isiaka Olayinka Kolawole, the Deputy Executive Secretary, of Services, expressed confidence that the knowledge acquired through the training would contribute to reducing instances of financial leakages within the commission.
His words: “Financial management is one of the most important success drivers in any organisation and any human endeavour. Members of staff need adequate knowledge of financial management, which involves strategic planning, organizing, directing, and controlling of financial resources as well as the skills for applying the required management principles for the overall health of the organization.
“You may wish to note that, the commission over the years organized various accountants and auditors on this same subject. In order to institutionalize the judicious use of resources allocated for UBE delivery.
“It was agreed by the UBEC Management and the SUBEB chairmen that the training should include more finance employees from the boards, hence the participation of seven participants from each of the 36 states and the FCT at this training.”
