–Blank NEWS Online (NIGERIA) –By Albert OGRAKA:
MANAGING Director/CEO of the Delta State Oil Producing Areas Development Commission (DESOPADEC), Bashorun Askia Ogieh, FCNA, CrFA has described the National President of the Institute of Chartered Accountants of Nigeria (ICAN) Dame Onome Adewuyi, as a woman who has added value to corporate governance, considering her attainments in the financial world, to standards craved all over the world.
The DESOPADEC henchman made the observation during the commissioning of Dame Onome Joy Adewuyi ICAN Resource Centre in Warri, Delta State on Thursday, May 20, 2021.
He acknowledged that Dame Onome Adewuyi has been universally acknowledged as a top gun in the financial world.
According to him, “the event is special to me and to every Deltan here, but more importantly and if I may crave a special privilege as Guest of Honour here, our Daughter beholden from the Isoko Nation.
“To call her a Sister in the Accountancy profession is a privilege, since this will encourage our girl children to emulate a model of excellence. I have a short time to say what I have to say, so my encomiums should be permitted and limited, if I just let all of us know that she has been universally acknowledged as a top gun in the financial world.”
While urging members of the Institute to use the Dame Onome Joy Adewuyi ICAN Resource Centre and similar centres elsewhere to drive the introduction of a new order in accountancy, he advocated for effective Corporate Governance, with adequate inputs of professional accountants.
He explained that to effectively curb the corruption of the management of public funds, every critical stage in the management of public finance should be automated through the adoption of new technologies and processes to give the resultant insulation of the system to manipulation.
“We need to adopt strategies that will reduce the human element in the accounting process. When every critical stage in the management of public finance is automated through the adoption of new technologies and processes, the resultant insulation of the system to manipulation by the human element will effectively curb the corruption of the management of public funds.
“One of the issues that have remained intractable is evolving a fool-proof accounting system in the public sector. The truth is that no matter the depth of commitment any government may espouse to curb corruption and wastage in the conduct of governance, only a system that reduces the human element in management of public funds and public procurement will effectively check corrupt tendencies.”
Bashorun Askia, said that DESOPADEC is committed to improving the fund management system and ensuring that the people get value for the resources deployed by this intervention agency, adding that the Commission will always collaborate with the ICAN venture.