The Federal Government has taken steps to boost financial transparency and accountability by launching the Revenue Assurance and Central Disbursement Solutions for government bodies. The Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun, has convened a stakeholders meeting to this end.

The meeting focused on how to implement the Revenue Assurance and Central Disbursement Solutions for Ministries, Departments and Agencies (MDAs) as well as Federal Government-Owned Enterprises (GOEs). The new system aims to streamline the collection and disbursement process for MDAs as well as GOEs. The government expects this to significantly enhance transparency and accountability in how public funds are managed.