Arabi: How to Block Revenue Leakages Through Forensic Review

Some of the Dignitaries at the event
Some of the Dignitaries at the event

By integrating forensic review into its revenue optimization strategies, the federal government can identify and mitigate revenue leakages, thereby maximizing the resources available for national development.

This is according to Mr. Dasuki Ibrahim Arabi, the Director General of the Bureau of Public Service Reforms, BPSR.

Arabi, gave the charge at the May edition of their Bureau’s lunchtime reform seminar in Abuja.

According to him, forensic review, with its rigorous methodologies and analytical approaches, offers a robust mechanism to uncover inefficiencies, detect fraud, and streamline financial processes.

The BPSR Director General said: “In line with the Renewed Hope Agenda, this seminar will explore practical steps to enhance access to capital, support economic growth, create jobs, and fight corruption.

“It is through such collaborative efforts and the application of specialized knowledge that we can create a more secure, equitable, and prosperous Nigeria”.

He added that their BPSR, since its establishment in 2004, has been at the forefront of driving integrated reform initiatives.

“We serve as the “Engine Room” for implementation, coordination, and harmonization of reform processes, leveraging both local and international knowledge networks and best practices in public administration”.

Mr. Arabi disclosed that the seminar’s theme, “Deployment of Forensic Review as a Tool for the Optimization of Federal Government Revenue in line with President Ahmed Bola Tinubu’s Renewed Hope Agenda for Nigeria,” is both timely and critical.

He said: “As we navigate the complexities of governance and economic management, it is imperative that we explore innovative and effective strategies to enhance our nation’s revenue base”.

While delivering his lecture, Dr. I B Gashinbaki, Pioneer President and Chairman, Governing Council of the Chartered Institute of Forensics and Certified Fraud Investigators of Nigeria, CIFCFIN, observed that the deployment of forensic techniques is crucial for optimizing FG revenue, aligning with President Tinubu’s Renewed Hope Agenda for Nigeria.

He said:
“The thorough application of various forensic tools to detect and prevent financial irregularities, enhance compliance, and promote transparency within the MDAs, and the private sector, government revenue generation and optimization can be achieved.

“Stakeholders should therefore prioritize forensic methods to boost revenue collection and support sustainable national development”.

Aliyu Umar, FNIPR, FIIM
Head, Strategic Communications (BPSR)