As treasury looters dig their heels in, while the anti-corruption campaign rages, the Federal Government has rolled out a series of measures to deepen transparency and accountability in public finance management. A summary of revenue inflows and outflows will now mandatorily be published daily on an online portal. The government’s apparent inability to track its funds and expenditures facilitates the persistent looting of public treasury. Instead of the 35 million litres the country consumed daily, fraudulent charges on the treasury were made for 59 million litres daily. In the United States, public funds are under constant surveillance.

Source: Punch December 18, 2019 23:15 UTC