MDAs

Office of the Accountant General

EDO STATE GOVERNMENT

Ministries, Departments & Agencies

©2024 Edo State Government

Office of the Accountant General

About Us

Official website of the Office of The Accountant General of Edo State

The Office of the Accountant General is an autonomous Department of the Ministry of Finance. It is the financial nerve center of the State Government and serves as a servicing unit to all other Ministries, Departments, and Agencies (MDAs).

Before 1989, the Office of the Accountant–General was the Accounting Division of the Ministry of Finance. But by Circular Letter No. SGA.13/87/Vol.VI/613 of 16th December 1988, the Office of the Accountant–General was created. This complied with the directives conveyed in Letter No. PTF/CSR/88/Vol.111/733 of 31st August 1988 from the Chairman, Presidential Task Force on Civil Service Reforms. The Civil Service Reforms gave strength to the following Departments under the Office of the Accountant-General

Our Vision

Our vision is to become a leading institution in public financial management, recognized for excellence, integrity, and innovation in service delivery, contributing to the sustainable development of Edo State. To set the pace of inefficient service delivery and accountability using state-of-the-art technology

Our Mission

At the Edo State Office of the Accountant General, our mission is to ensure the effective and efficient management of the state’s finances, fostering transparency, accountability, and fiscal responsibility.

Departments

  • Treasury Department
  • Inspectorate Department
  • Personnel Department
  • Finance and Accounts Department
  • Planning Research and Statistics Department
  • Final Accounts Department
  • Management Accounts Department
  • Expenditure Control Department

Core Values

Our core values guide our actions and decisions every day,
reflecting our commitment to excellence, integrity, and service:

Integrity: We conduct ourselves with honesty, transparency, and ethical behavior, maintaining the trust and confidence of the public and our stakeholders.

Accountability: We take responsibility for our actions and decisions, holding ourselves and others to the highest standards of accountability and performance.

Collaboration: We value teamwork and collaboration, working together across departments and with external partners to achieve common goals and objectives.

Innovation: We embrace innovation and continuous improvement, seeking new ways to enhance the efficiency, effectiveness, and quality of our services.

Objectives

The office is charged with the responsibility of managing all the receipts and payments, assets, and liabilities of the State Government. Our objectives are aligned with our mission and vision, focusing on:

Ensuring sound financial management practices: We are committed to implementing robust financial management systems and controls to safeguard public funds and optimize resource allocation.

Enhancing fiscal transparency and accountability: We strive to promote transparency and accountability in the management of public finances, providing timely and accurate information to stakeholders and the public.

Supporting economic development and growth in Edo State: We seek to support economic growth and development in Edo State through prudent financial management, strategic investment, and the promotion of fiscal sustainability.

Functions

As the custodian of the state’s financial resources, our functions include:

Provide adequate accounting systems and control

Conduct in-depth inspection of books of account in MDAs

Supervise expenditure of the State Government

Preparation and publication of Edo state Annual Financial Statements etc.

Budget preparation and execution: We are responsible for preparing the state budget in consultation with government agencies, ensuring that resources are allocated efficiently and in line with government priorities.

Revenue collection and management: We oversee the collection and management of government revenues, including taxes, fees, and other sources of income, to ensure adequate funding for government programs and services.

Treasury operations and cash management: We manage the state’s treasury operations, including cash flow forecasting, cash management, and investment management, to optimize liquidity and maximize returns on investments.

Financial reporting and auditing: We prepare and publish financial reports by accounting standards and regulatory requirements, providing stakeholders with accurate and timely information on the state’s financial position and performance. We also conduct internal audits to ensure compliance with policies and procedures and identify areas for improvement.

Providing financial advisory services to government agencies: We provide financial advisory services to government agencies, offering expertise and guidance on financial planning, budgeting, and resource management to support effective decision-making and performance.

What We Do

We play a vital role in the financial administration of Edo State, performing a
wide range of activities to support the government’s objectives, including:

Processing payroll and pension payments: We ensure timely and accurate payment of salaries, wages, and pensions to government employees and retirees, supporting the welfare and well-being of public servants.

Managing government accounts and expenditures: We manage government accounts and expenditures, monitoring spending against budget allocations and ensuring compliance with financial regulations and guidelines.

Conducting internal audits and risk assessments: We conduct regular internal audits and risk assessments to evaluate the effectiveness of internal controls, identify risks and vulnerabilities, and recommend measures to mitigate risks and improve performance.

Implementing financial policies and procedures: We develop and implement financial policies, procedures, and systems to promote efficiency, transparency, and accountability in the management of public finances, ensuring compliance with legal and regulatory requirements.

Providing financial information and analysis: We provide financial information and analysis to support decision-making and planning by government agencies, policymakers, and other stakeholders, helping to inform policy development, resource allocation, and performance monitoring.