Consequence Management: A Neglected Aspect of Nigerian Public Financial Management

This article assesses the role of consequence management (use of penalties, punishments and even incentives for breaches of regulations or non-compliance of fiscal rules and norms of public finance) in Nigerian Public Financial Management (PFM). Briefly noting the substance of PFM, the article appraises the oversight and internal coordination provided by the Budget Office of the Federation, the oversight of the Office of the Auditor General of the Federation, the supervision and oversight of the National Assembly and the investigatory and prosecutorial functions of the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices Commission (ICPC). In addition, the article will generally evaluate the administration of justice, especially the role of the judiciary in providing consequences. These entities and institutions will be considered vis-a-vis the tenets of ‘good government’ and the purpose of consequences for infractions of established rules and guidelines.
bookPages: 25
File Type: PDF
Category: Publication

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