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Agencies lauded for meeting TSA deadline

18 September 2015, 12:07

Abuja - The Accountant- General of the Federation, Ahmed Idris, has commended all Ministries, Departments and Agencies (MDAs) who have complied with the Presidential directive on the transition to the Treasury Single Account (TSA).

This is in view of the September 15 deadline.

“Idris while expressing satisfaction with the level of compliance affirmed that the Treasury Single Account has come to stay, that the compliance is an indication that Nigeria is at the threshold of a new era of transparent and accountable management of Public finances,” Kenechukwu Offie, Head of Press and Public Relations at the AG’s office, said.

Also read: TSA: Banks move N1.2 trn to CBN

According to her, Idris thanked all the MDAs for their cooperation, assuring them and the general public of the preparedness to ensure a hitch-free implementation that will bring about the actualization of the objective of the policy.

At the close of Business on Tuesday almost all MDAs, especially the revenue yielding ones, had complied with the Presidential directive to transit to the TSA.

President Muhammadu Buhari had ordered that all revenues be paid into the TSA as part of a drive to fight corruption and aid transparency.

- CAJ News

Tags nigeria

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