AGF says almost MDAs met TSA deadline

The Accountant- General of the Federation(AGF), Ahmed Idris said yesterday that almost all the Ministries, Departments and Agencies (MDAs), especially the revenue yielding ones complied with the Presidential directive to transit to the Treasury Single Account (TSA) as at the September 15 deadline.

But he further revealed that sanctions will be meted out to any erring MDA.

A statement from his office noted that the AGF commended all Ministries, Departments and Agencies (MDAs) who have complied with the Presidential directive on the transition to the TSA).

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.

“He 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,” Kenechukwu Offie, Head of Press and Public Relations noted in the statement.

 

Kehinde Abdusalam