Hafizu I. Ahmed      Executive Director Finance & Account

Hafizu Ibrahim Ahmed, Executive Director Finance and Accounts. Born July 1963 in Kano, Kano State, Northwest Nigeria. Master of Business Administration, Bayero University, Kano. Member, Association of National Accountants of Nigeria and The Institute of Treasury Management and Financial Accountants of Nigeria. Institute of Certified Public Accountants of Nigeria. Appointed Executive Director (F & A) FERMA 29 July 2009.

Formerly Assistant Director, Finance, High Court of Justice, Kano. E-mail:hafizuibrahim@ferma.gov.ng

DEFINITION OF ROLES OF FINANCE AND ACCOUNTS DEPARTMENT

The Department of Finance & Accounts is charged primarily with the responsibility of managing the finances of the Agency through the collections and custody of funds as well as making payments on behalf of the Agency.

It also serves as the contact point between the Agency and other regulatory agencies of Government such as the Office of the Accountant General of the Federation, Public Accounts Committee of National Assembly, Federal Inland Revenue Services, External Auditors etc.

FUNCTIONS OF THE DEPARTMENT

• Liaising with the Supervising Ministry for statutory allocations.
• Collection of revenue.
• Collection of loans and grants.
• Making of payments such as salaries, contract payments, remittance of statutory deductions etc.
• Disbursement of funds to states for direct labour.
• Rendition of Management and other statutory reports
• Maintenance of proper books of Accounts.