Oyo Govt Trains 250 Budget Officers on NCoA for 2027 Budget Preparation

The Oyo State Government has trained 250 budget officers drawn from various Ministries, Departments and Agencies (MDAs) across the State on the use and application of the National Chart of Accounts (NCoA) template for budget preparation and implementation.

The Commissioner for Budget and Economic Planning, Barr. Ayobami Oluwaseun Ojo, said a credible budget was essential to the effective implementation of Government policies, programmes and projects.

He stated this during a three-day sensitisation workshop on the use and application of the National Chart of Accounts (NCoA), held at the Ibadan Business School, Bodija, Ibadan.

Ojo said the training was necessary to address identified gaps in budget preparation and strengthen the technical capacity of budget officers.

He added that effective application of the NCoA would promote uniformity in budget preparation, improve budget monitoring and enhance accountability in the management of public resources.

The Commissioner stressed that the 2027 budget estimates must align with the Economic and Fiscal Update (EFU), Fiscal Strategy Paper (FSP), Budget Policy Statement (BPS) and Medium-Term Expenditure Framework (MTEF) for 2027–2029, as well as the State’s “Omituntun 2.0” roadmap and Agenda 2040.

He said the alignment would help ensure that public resources were directed towards sustainable development and improved welfare of the people.

Delivering his goodwill message, the Executive Assistant to the Governor on Finance, Budget and Economic Planning, Alhaji Ghafar Bello, commended Governor Seyi Makinde for his support for the Ministry, noting that the collaboration between project execution and economic planning had contributed to improved coordination in the State’s planning and budgeting processes.

Speaking on the importance of the training, the Social Policy Manager, UNICEF Lagos Field Office, Mr. Mohammed Okorie, said UNICEF was supporting Oyo State, through the EU-UNICEF project, to strengthen budgeting practices and ensure that child-focused interventions across Ministries, Departments and Agencies (MDAs) were adequately captured in the State’s budget.

Okorie urged all MDAs to mainstream child-focused issues into their plans and programmes, irrespective of their sectors, with particular attention to the needs of adolescents, especially adolescent girls, and children with disabilities.

He noted that Government expenditure remained a sustainable source of financing programmes targeted at improving the welfare of children and families.

In his welcome address, the Permanent Secretary, Ministry of Budget and Economic Planning, Mr. Julius Ayanleke, appreciated UNICEF for its collaboration and support, while urging the participants to apply the knowledge gained to improve budget preparation and implementation across their respective MDAs.

E-Signed:

Prince Dotun Oyelade

Hon. Commissioner for Information,

Oyo State.