Finance & Accounts

Alhaji Adamu Mohammed Misau

DEPARTMENT OF FINANCE AND ACCOUNTS

Alhaji Adamu Mohammed Misau, FCA, FCNA, ACTI was born in Dallari, Misau Local Government Area of Bauchi State on 6th September, 1968.

He commenced his education at the Dallari Primary School from 1974 – 1980 where he obtained his First School Leaving Certificate. He then proceeded to the General Murtala Mohammed College, Yola and obtained his General Certificate of Education (GCE) O’ Level. He proceeded to the Kaduna Polytechnic from 1986 – 1992 and obtained National Diploma and Higher National Diploma in Accountancy. He obtained both his Post Graduate Diploma in Management (PGDM) at the Bayero University, Kano from 1997 – 1998 and Master in Business Administration (MBA) from 1999 – 2000.

He is a fellow of various professional bodies such as the Institute of Chartered Accountants of Nigeria (ICAN); Association of National Accountants of Nigeria (ANAN); Chartered Institute of Taxation of Nigeria; and Financial Reporting Council of Nigeria.

His work experience began at the defunct National Primary Education Commission from 1990 – 1991; Nigerian Educational Research and Development Council, Abuja from 1991 – 1995; Universal Basic Education Commission, Abuja from 1995 – date. He participated in the National Youth Service Corp (NYSC) in Aboh Mbaise Local Government Council, Imo State from 1992 – 1993.

He held various positions in the course of his working experience from clerical officer (Accounts) and rose to the position of Director Finance and Accounts from 2021 to date.

He is married with four children

INTRODUCTION

(MBA) at the same university in 1999. He is currently pursuing his Doctorate Degree Programme (Ph.D) in Accounting and Finance at the University of Jos, Plateau State. The topic of his Thesis is “The effect of Federal Government Funding on the Universal Basic Education (UBE) Programme in Nigeria”.He started his career at the New Nigerian Newspapers, Kaduna in 1986-1987 where he undertook his National Youth Service. After his youth service, he went back to former Gongola State and was interviewed as an Accountant II. While he was waiting for the State appointment letter, he got a job in a private company; Afcott Nigeria Plc. as a Senior Accounts Officer (19881990). He joined the service of the defunct National Primary Education Commission
(NPEC), Kaduna as an Accountant 1 on 11th October, 1990 and rose through the ranks to the present position of the Director of Finance and Accounts, Universal Basic Education Commission (UBEC), Abuja on 21st March, 2020.He is a Fellow of the Association of National Accountants of Nigeria (ANAN); Associate Member, Chartered Institute of Taxation (CITN); Fellow, Institute of Chartered Economists of Nigeria (ICEN); Member, Nigerian Institute of Management (NIM) and Member, Institute of Management Consultants (IMC). Sir Michael M. Aule was knighted in 1998 in Kaduna and is currently the Metropolitan Grand Knight of the Knights of Saint Mulumba (KSM),Nigeria, Abuja Metropolitan Council. He is also an Ambassador for the Universal Peace Federation. He is happily married to Lady Helen M. Aule LSM and blessed with four children.

The Department of Finance and Accounts was established at the inception of the defunct NPEC in 1988. 

STRUCTURE

The Department is headed by a Director and assisted by (3) Deputy Directors and Five (5) Assistant Directors. It consists of 5 units, namely:

  • Expenditure Control Unit;
  • State Accounts Unit;
  • Funds and Budget Unit;
  • Financial and Fiscal Reporting Unit; and
  • Special Projects

FUNCTIONS

Apart from its traditional functions of financial record keeping, payment of staff salaries and overhead, preparation of Annual Budget, preparation of Annual Financial statements and reports, the department is also involved in fund disbursement to States and other providers of basic education, Financial

Monitoring, Sourcing of funds and payment of zonal intervention, Constituency projects and Federal Teachers‟ Scheme participants‟ monthly allowances (Primary and JSS).

 

ACTIVITIES

The Department of Finance and Accounts performs many functions as follows:

  • Disbursing the FGN–UBE Intervention Funds to states and other providers of Basic Education; 
  • Conducting quarterly Financial Monitoring of the FGN – UBE Intervention Funds;
  • Verifying compliance with 50% State counterpart Fund lodgment requirement;
  • Advising the Federal Government, through the Federal Ministry of Education, on the funding of Basic Education in Nigeria;
  • Preparing and presenting Financial Progress Reports on the Implementation of the UBE Programme to Mr. President through the Honorable Minister of Education;
  • Managing Local and International Donor Agencies Grants;
  • Liaising with other relevant bodies, such as Federal Ministry of Finance, Federal Ministry of Education, Office of the AccountantGeneral of the Federation, Office of the Auditor-General for the Federation, National Assembly, the Presidency, etc., on matters relating to funding and implementation of Basic Education;
  • Preparation of the Commission‟s Annual Budget;
  • Preparing Cash Flow Analysis;
  • Determining the basis of allocating Funds to States and other UBE Implementing Agencies;
  • Preparing and presenting the Commission‟s Annual Financial Statements.
  • Keeping the Commission‟s financial records;
  • Recommending for the appointment of External Auditors for Annual Audit of UBEC/SUBEBs in respect of FGN-UBE Intervention funds;
  • Providing other financial advisory services to the Commission on Taxation, Investment, Foreign Exchange Management. e.t.c.;
  • Processing and payment of monthly allowances to Federal Teachers Scheme Participants; and
  • Processing and payment of monthly staff, emoluments and other financial entitlements.

 

ACHIEVEMENTS

Disbursed    N60,219,852,950.75   UBE  Matching Grants/Paris Club Counterpart Fund to 29 States and FCT. viz:

S/N STATE PERIOD AMOUNT
1Abia 1st-4th Qtrs. 2017 & 2018 Matching Grant 2,348,277,699.01
2Adamawa 1st - 4th Qtrs. 2018 Matching Grant 1,473,832,845.21
3Akwa Ibom 1st-4th Qtrs. 2019 Matching Grant 1,519,884,078.86
4Anambra 1st Qtr. 2017 - 4th Qtr 2019 Matching Grant 5,029,074,443.81
5Bauchi 1st-4th Qtrs. 2019 Matching Grant 1,519,884,078.86
6Bayelsa Balance of 4th Qtr. 2018 and 1st-4th Qtrs. 2019 Paris Club 2,011,161,692.56
7Benue 3rd – 4th Qtrs.. 2018 and 1st-4th Qtrs. 2019 Matching Grant 2,129,233,051.40
8Borno 1st-4th Qtrs. 2019 Matching Grant 1,519,884,078.86
9Cross River 1st - 4th Qtrs. 2019 Matching Grant 1,519,884,078.86
10Delta 1st-4th Qtrs. 2018 Matching Grant 1,519,884,078.86
11Edo Balance of 4th Qtr.2018 Matching Grant 491,277,613.70
12Ekiti 1st- 4th Qtrs. 2019 Matching Grant. 1,519,884,078.86
13Enugu 2nd Qtr. 2018 and 1st-4th Qtrs. 2019 Matching Grant 3,519,884,078.86
14FCT 1st- 4th Qtrs. Paris Club 2018 and 1st – 4th Qtrs. 2019 Matching Grant 3,976,272,156.44
15Gombe 1st- 4th Qtrs. 2019 Matching Grant. 1,519,884,078.86
16Jigawa 1st- 4th Qtrs. 2019 Matching Grant. 1,519,884,078.86
17Kaduna 1st-4th Qtrs. 2019 Matching Grant. 1,519,884,078.86
18Kano 1st-4th Qtrs. 2019 Matching Grant. 1,519,884,078.86
19Kogi 1st-4th Qtrs. 2019 Matching Grant. 1,519,864,078.86
20Kwara 1st Qtr. 2014 - 4th Qtr. 2019 Matching Grant 7,151,000,000.00
21Nasarawa 1st-4th Qtrs. 2017&1st-3rd Qtr. 2018 Matching Grant 2,219,156,231.16
22Niger 4th Qtr. 2019 and 1st and Part of 2nd Qtrs. 2019 Matching Grant 992,905,640.26
23Ondo 1st - 4th Qtrs. 2019 Matching Grant 1,519,884,078.86
24Osun 1st - 4th Qtrs. 2014 & 1st -4th Qtr. Matching Grant 1,519,884,078.86
25Oyo 1st - 4th Qtrs. 2019 Matching Grant 1,519,884,078.86
26Rivers 1st - 4th Qtrs. 2019 Matching Grant 1,519,884,078.86
27Sokoto 1st - 4th Qtrs. 2019 Matching Grant 1,519,884,078.86
28Taraba 1st - 4th Qtrs. 2019 Matching Grant 1,519,884,078.86
29Yobe 1st - 4th Qtrs. 2019 Matching Grant 1,519,884,078.86
30Zamfara 1st - 4th Qtrs. 2019 Matching Grant. 1,519,884,078.86
TOTAL 60,219,852,950.75

Disbursed N1,474,546,362.93 Special Education fund to 21 States and to duly registered Non-Governmental Organizations (NGOs) that provide free special education to the public as follows.  

S/N STATE PERIOD AMOUNT
1Abia 2016 and 2017 Special Education Fund. 54,909,076.18
2Akwa Ibom 2017 & 2018 Special Education Fund. 67,128,415.00
3Anambra 2018 Special Education Fund. 36,727,914.50
4Bayelsa 2018 Special Education Fund 36,727,914.50
5Cross-River 2018 Special Education Fund 36,727,914.50
6Delta 2016, 2017 & 2018 Special Education Fund. 91,363,990.68
7Ebonyi 2018 Special Education Fund 36,727,914.50
8Ekiti 2018 Special Education Fund 36,727,914.50
9Enugu 2018 Special Education Fund 36,727,914.50
10Jigawa 2017 & 2018 Special Education Fund 67,128,415.00
11Kaduna 2017 & 2018 Special Education Fund. 67,128,415.00
12Kogi 2018 Special Education Fund 36,727,914.50
13Kwara 2018 Special Education Fund 36,727,914.50
14Lagos 2018 Special Education Fund 36,727,914.50
15Niger 2018 Special Education Fund 36,727,914.50
16Osun 2018 Special Education Fund 36,727,914.50
17Plateau 2018 Special Education Fund 67,128,415.00
18Rivers 2018 Special Education Fund 36,727,914.50
19Sokoto 2018 Special Education Fund 36,727,914.50
20Taraba 2016, 2017 & 2018 Special Education Fund 91,363,990.68
21Yobe 2018 Special Education Fund 36,727,914.50
22NGOS 2018 other payments to private providers of Special Education.454,204,842.39
TOTAL 1,474,546,362.93

Disbursed the sum of N13,736,500,000.00 as Teacher Professional Development Fund for training of teachers and Education Managers to the 36 States and FCT as well as Agencies implementing basic education:  

S/N STATE PERIOD AMOUNT
1
Abia
2nd Tranche 2016/COVID – 19 Support Fund/ Training Reimbursement
147,500,000.00
2
Adamawa
COVID – 19 Support Fund/Training Reimbursement
65,000,000.00
3
Akwa Ibom
2017/2018 TPD Fund/ Training Reimbursement
409,000,000.00
4
Anambra
2017/2018 TPD Fund/ Training Reimbursement
409,000,000.00
5
Bauchi
2017/2018 TPD Fund/ Training Reimbursement
409,000,000.00
6
Bayelsa
2017/2018 TPD Fund/ Training Reimbursement
409,000,000.00
7
Benue
2017/2018 TPD Fund/ Training Reimbursement
409,000,000.00
8
Borno
2017/2018 TPD Fund/ Training Reimbursement
409,000,000.00
9
Cross River
2017/2018 TPD Fund/ Training Reimbursement
409,000,000.00
10
Delta
2017/2018 TPD Fund/ Training Reimbursement
409,000,000.00
11
Ebonyi
2017/2018 TPD Fund/ Training Reimbursement
409,000,000.00
12
Edo
Training Reimbursement
5,000,000.00
13
Ekiti
2017/2018 TPD Fund/ Training Reimbursement
409,000,000.00
14
Enugu
2017/2018 TPD Fund/ Training Reimbursement
409,000,000.00
15
F.C.T. Abuja
2nd Tranche 2016/COVID – 19 Support Fund/ Training Reimbursement
147,500,000.00
16
Gombe
COVID – 19 Support Fund/ Training Reimbursement
65,000,000.00
17
Imo
COVID – 19 Support Fund/ Training Reimbursement
65,000,000.00
18
Jigawa
2017/2018 TPD Fund/ Training Reimbursement
409,000,000.00
19
Kaduna
COVID – 19 Support Fund/ Training Reimbursement
65,000,000.00
20
Kano
2017/2018 TPD Fund/ Training Reimbursement
409,000,000.00
21
Katsina
2017/2018 TPD Fund/ Training Reimbursement
409,000,000.00
22
Kebbi
2017/2018 TPD Fund/ Training Reimbursement
409,000,000.00
23
Kogi
COVID – 19 Support Fund/ Training Reimbursement
65,000,000.00
24
Kwara
2017/2018 TPD Fund/ Training Reimbursement
409,000,000.00
25
Lagos
2nd Tranche 2016 & 2017/2018 TPD Fund
491,500,000.00
26
Nasarawa
2017/2018 TPD Fund/ Training Reimbursement
409,000,000.00
27
Niger
2017/2018 TPD Fund/ Training Reimbursement
409,000,000.00
28
Ogun
COVID – 19 Support Fund/ Training Reimbursement
65,000,000.00
29
Ondo
2017/2018 TPD Fund/ Training Reimbursement
409,000,000.00
30
Osun
COVID – 19 Support Fund/ Training Reimbursement
65,000,000.00
31
Oyo
2017/2018 TPD Fund/ Training Reimbursement
409,000,000.00
32
Plateau
2017/2018 TPD Fund/ Training Reimbursement
409,000,000.00
33
Rivers
2017/2018 TPD Fund/ Training Reimbursement
409,000,000.00
34
Sokoto
COVID – 19 Support Fund/ Training Reimbursement
65,000,000.00
35
Taraba
2017/2018 TPD Fund/ Training Reimbursement
409,000,000.00
36
Yobe
2017/2018 TPD Fund/ Training Reimbursement
409,000,000.00
37
Zamfara
2017/2018 TPD Fund/ Training Reimbursement
409,000,000.00
SUB-TOTAL
11,536,500,000.00
1
NTI
Support Fund
200,000,000.00
2
NCNE
Support Fund
500,000,000.00
3
TRCN
Support Fund
50,000,000.00
4
NBAIS
Support Fund
50,000,000.00
5
NERDC
Support Fund
300,000,000.00
6
NCCE
Support Fund
50,000,000.00
7
NIEPA
Support Fund
50,000,000.00
8
NMC
Support Fund
450,000,000.00
9
NMEC
Support Fund
500,000,000.00
10
ABU
Support Fund
50,000,000.00
SUB-TOTAL
2,200,000,000.00
GRAND TOTAL
13,736,500,000.00
  • Conducted 34th and 35th Financial Monitoring of the FGN-UBE Intervention Funds in all the 36 states of the federation and FCT. The exercise was aimed at ascertaining the judicious utilization of funds, ensuring compliance with the approved action plans and enabling the preparation of progress report on the implementation of the UBE programme for presentation to Mr. President as required by section 9 (h) of the UBE Act, 2004.
  • Secured the release of N52,915,486,001.00 being 2020 approved UBE Budget.
  • Successfully prepared and defended the 2021 Budget at the National Assembly.

ONGOING ACTIVITIES

  • Conduct of the 2017/2018 Audit of Intervention Funds of the 36 SUBEBS and FCT.
  • Computerization of UBEC Accounting system

CHALLENGES

  • Irregular release of Capital development funds and constituency projects funds which cause delay in project execution. There is also the issue of abandoned projects.
  • Inadequate office Accommodation.
  • Slow utilization of the FGN-UBE Intervention funds by SUBEBs.
  • Lack of political will by some State Governments to access the FG-UBE Matching Grants.
  • High turnover rate of SUBEBs Accounting Personnel.
  • Delay in submission of Financial Returns by SUBEBs.
  • Low level of budgetary allocation to Basic Education by States and Local Governments.
  • Inadequate working equipment, like computers.

FUTURE ACTIVITIES

  • Development of Audit procedural manual
  • Audit of the 2021 FGN-UBE Intervention Fund Full implementation of IPSAS.

CONCLUSION

The Finance and Accounts Department has been able to respond to many challenges based on the support of the Management.  This has resulted in new and efficient ways of performing departmental functions.  Data on disbursement of FGN-UBE Intervention Fund is posted on the UBEC website for public knowledge in line with Mr. President‟s change mantra of Transparency, Accountability and Probity. This has reduced the response time in which the Commission provides reports to individuals and Organizations on the FGN-UBE Intervention Funds

Dame (Mrs.) Comfort Iheme – Rep. South East


She hails from Bende LGA of Abia State. She holds a B.Sc, 1987 from the University of Nigeria, Nsukka.

Dr. Danjuma Adamu Dabo – Rep. North East

Dr. Danjuma hails from Bauchi State. He obtained M.Sc Public Administration and Policy Analysis from the University of Abuja, MBA form Ahmadu Bello University, Zaria and Ph.D Economics from the Loughborough University, UK.