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Accountant General supports single account policy

01 September 2015, 17:06

Abuja - Accountant General of the Federation, Alhaji Ahmed Idris, has reassured the public the Treasury Single Account (TSA) policy would boost revenue collection, block leakages, ensure transparency and timely disbursement of funds to beneficiaries.

The assurance came during separate courtesy visits to his office by the managements of Access Bank, Zenith bank and United Bank for Africa (UBA).

Idris added that compliance to the Presidential directive on the implementation of the TSA policy would promote effective management of public resources, thereby ensuring cost effectiveness and accountability.

Also read: AG welcomes Treasury Single Account establishment

He noted that the implementation of TSA will facilitate compliance with sections 80 and 162 of the 1999 Constitution of the Federal Republic of Nigeria  as it paves way for the timely capture and payment of all revenues into appropriate accounts of government.

Meanwhile, Access Bank, Zenith bank and UBA have made separate presentations of staff buses to the Office of the Accountant-General of the Federation as part of their corporate social responsibility.

The management of the banks reiterated their commitment to supporting the present administration of President Muhammadu Buhari towards revamping the economy of the country.

The banks assured that as partners and stakeholders in the Treasury activities,vthey would continue to support the Office of the Accountant-General of the Federation in other areas such as capacity building and infrastructural development.

Some 78 buses were donated.

- CAJ News


ICPC denies its chairman was sacked

27 October 2016, 10:41

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