Anambra State Governor, Chief Willie Obiano, has advised state governments still using the 1958 Federal Finance Act for their daily financial operations to replace same for effective and transparent funds management.

Obiano spoke through the state Commissioner for Finance, Mr Ifeatu Onejeme, at a one-day sensitization workshop for key stakeholders in the Anambra State Public Finance Law, 2020 held at Cihcotel Classic Hotel, Awka.

Onejeme, represented by the Permanent Secretary in his ministry, Ebele Okonkwo, said that he observed that some states were still using the outdated 1958 Federal Finance Act to carry out their financial dealings.

He said that to ensure transparency and accountability in all government business, there was a need for each state to produce public finance law that would replace the Federal Finance Act of 1958. Onejeme, who commended Obiano for making the state’s 2020 Public Finance Law possible, said that the workshop was organised by his ministry in collaboration with the Anambra State and Local Governance Reform (ANSLOGOR) project being funded by the European Union and managed by the World Bank.

“The purpose of the law is to regulate the financial management, ensure that all revenue, expenditure, assets, and liabilities of the states are managed efficiently, effectively, and economically and in a transparent manner.

“It is to ensure that officers are put in a position to be able to manage and control all available resources and be more accountable…”

Follow Our WhatsApp Channel ______________________________________________________________________ [A MUST HAVE] Evidence Act Demystified With Recent And Contemporary Cases And Materials
“Evidence Act: Complete Annotation” by renowned legal experts Sanni & Etti.
Available now for NGN 40,000 at ASC Publications, 10, Boyle Street, Onikan, Lagos. Beside High Court, TBS. Email publications@ayindesanni.com or WhatsApp +2347056667384. Purchase Link: https://paystack.com/buy/evidence-act-complete-annotation ______________________________________________________________________ ARTIFICIAL INTELLIGENCE FOR LAWYERS: A COMPREHENSIVE GUIDE Reimagine your practice with the power of AI “...this is the only Nigerian book I know of on the topic.” — Ohio Books Ltd Authored by Ben Ijeoma Adigwe, Esq., ACIArb (UK), LL.M, Dip. in Artificial Intelligence, Director, Delta State Ministry of Justice, Asaba, Nigeria. Bonus: Get a FREE eBook titled “How to Use the AI in Legalpedia and Law Pavilion” with every purchase.

How to Order: 📞 Call, Text, or WhatsApp: 08034917063 | 07055285878 📧 Email: benadigwe1@gmail.com 🌐 Website: www.benadigwe.com

Ebook Version: Access directly online at: https://selar.com/prv626

________________________________________________________________________ The Law And Practice Of Redundancy In Nigeria: A Practitioner’s Guide, Authored By A Labour & Employment Law Expert Bimbo Atilola _______________________________________________________________________ New Year Promo: Get Five Maritime Law Books For N150,000 — 63% Discount The promotion, which commenced on January 8 and runs until February 8, 2026, offers five core maritime law books authored by Dr. Emeka Akabogu, SAN, ordinarily valued at N405,000, for just N150,000 — a 63% discount. Interested buyers can place their orders through the following channels: Phone: 0704 329 3271 Online Store: https://paystack.shop/aa-bookstore Website: www.akabogulaw.com ______________________________________________________________________