Post a comment 
The Ministry of Finance, through its Directorate of Stores and Inventory Control Management, is conducting a two-day training workshop aimed at operationalising the National Regulatory Framework and Policy Document on Assets and Inventory Management.
The workshop was held on June 19 and 20, 2025, at the Ministry’s Conference Hall on George Street, Freetown, and targeted staff from Ministries, Departments, and Agencies (MDAs) as well as Local Councils.
In his welcome address, Joseph Ngegba, the Director of Stores and Inventory Control Management, emphasised the importance of the Directorate, which was established in 2019 to oversee government asset and inventory management functions previously handled by the Accountant General Department.
He noted that the existing Stores Rule, dating back to 1963 and 1964, lacked a modern policy framework. “We realised that there was no policy document to guide the operations of Stores and Assets in the country,” Ngegba stated, highlighting the need for improved management practices.
Participants were encouraged by Ngegba to focus on the training, which aims to enhance the proper management of capital assets and improve inventory control operations. He stressed the importance of reducing instances of abuse, misuse, or misappropriation of government property.
The Principal Deputy Financial Secretary (PDFS), Samuel E.B. Momoh, provided a keynote statement referencing the Auditor General’s report from 2017-2019, which pointed out significant challenges in inventory and capital asset management across MDAs in Sierra Leone.
Momoh noted the government’s collaboration with the European Union (EU) and the National Asset and Government Property Commission in 2021 to establish a mission for Stores Inventory and Asset Management under the State Building Contract Phase III Project.
He expressed gratitude to the EU for their support and underscored the successful development and validation of the policy documents through a stakeholder workshop held in March 2022. “I encourage all participants to take this session seriously,” Momoh urged, wishing them fruitful discussions.
Independent Consultant, Fatorma S. Koroma, elaborated on various topics covered in the manuals, including non-compliance with legislation, inventory management expertise, execution and recording of stock movement, and proactive inventory management practices.
Following the training sessions in Freetown and the regions, it is expected that Stores and Inventory Management staff will be better equipped to implement the new policies and manuals effectively, thereby enhancing the overall management of government assets in Sierra Leone.
