• Saturday, November 30, 2024
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Imo State Govt says no controversy over Treasury Single Account

Hope Uzodinma-3

The Imo State Government has reiterated that there is no controversy over the adoption of the Treasury Single Account (TSA).

Executive Governor of Imo State, Senator Hope Uzodinma had on assumption of office warned that all funds meant for the state must be domiciled in TSA.

Governor Uzodinma’s directive to that effect is being complied fully by all heads of Ministries, Departments and Agencies of government in the state, according to a statement signed by Oguwike Nwachuku, Chief Press Secretary/Media Adviser to the Governor.

“This explanation has become necessary following insinuation in some quarters as orchestrated by a few ragtag local publications and social media loafers, that the state government has abandoned the TSA”, he said.

“Governor Uzodinma’s administration is not only committed to due process and accountable governance but determined to use all the resources meant for Imo people to work for them.

“He frowns on mismanagement of scarce state resources by the past administrations and is putting in place mechanisms to achieve commendable accountability in office.

“Governor Uzodinma will not be party to any attitude that promotes financial malfeasance in Imo under his watch”, according to the statement signed by the CPS on February 11 and made available to BusinessDay.

 

Iheanyi Nwachukwu, is a creative content writer with over 18 years journalism experience writing on banking, finance and capital markets. The multiple awards winning journalist is Assistant Editor, BusinessDay. Iheanyi holds BSc Degree in Economics from Imo State University; Master of Science (MSc) Degree in Management from University of Lagos. Iheanyi has attended several work-related trainings including (i) Advanced Writing and Reporting Skills (Pan African University, Lagos); (ii) News Agency Journalism (Indian Institute of Mass Communication {IIMC}, New Delhi, India); and (iii) Capital Markets Development and Regulations (International Law Institute {ILI} of Georgetown University, Washington DC, USA).

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