Benue SUBEB Executive Chairman, finance team attend IPSAS training to strengthen accountability and project delivery

By James Ike

The Executive Chairman of the Benue State Universal Basic Education Board (SUBEB), Dr. Grace Adagba alongside key Finance Management Staff are currently participating in a 3-Day International Public Sector Accounting Standards (IPSAS) Accrual Basic Training in Abuja.

A statement by the Information Officer of the Board, Emmanuella Akese disclosed that the strategic training, organized by the Centre for Economic Reform Initiative, Abuja, is designed to strengthen fiscal transparency and promote the use of technological innovations in modern financial management.

"The training is expected to enhance the Board’s efficiency, particularly in managing counterpart funding for UBEC Intervention projects across the 23 Local Government Education Authorities, LGEAs," part of the statement read.

Speaking during the plenary session, Dr. Adagba emphasized the importance of IPSAS in improving accountability and timely access to funds for development projects in basic education.

“With IPSAS, we are better equipped to manage UBEC accounts accurately, ensure proper documentation, and meet all requirements for timely release of counterpart funding. This means quicker and more effective execution of projects in basic education schools,” she stated.

The SUBEB Chairman commended the Governor of Benue State, Rev. Fr. Hyacinth Alia, for his commitment to the transformation of basic education.

She acknowledged that "the Governor’s prompt release of counterpart funds has enabled the Board to access UBEC interventions without delay.

“Because of the Governor’s support, we are now able to execute modern facilities in schools, storey-building classrooms, furniture, digital and non-digital libraries, water and sanitation projects, supply of smart boards, the shift from chalkboards to whiteboards, and other critical infrastructure that are enhancing the learning environment for our children,” Dr. Adagba said.

The key  Finance  Staff of the Board participating in the training alongside the Executive Chairman include, the Director of Finance and Accounts, Internal Auditor and the Desk Officer Matching Grant.