- September 15, 2015
- Posted by: Website Admin
- Category: National News, Uncategorized
The deadline of September 15 given to Ministries Departments and Agencies in Nigeria to maintain a Treasury Single Account is ending today.
President Muhammadu Buhari had on September 7th set a deadline of September 15th for full compliance with his directive that all revenue due to the Federal Government or any of its agencies must be paid into the Treasury Single Account or designated accounts maintained and operated in the Central Bank of Nigeria except otherwise expressly approved.
A circular issued to all Ministries, Departments and Agencies-MDAs of the Federal Government by the Head of the Civil Service of the Federation, Danladi Kifasi, urged the MDAs to ensure strict compliance with the deadline to avoid sanctions.
There have been mixed reactions about the possibility of adhering to the deadline, but the Accountant General of the Federation, Ahmed Idris had lashed out at Ministries Departments and Agencies who had suggested that the September 15 deadline to maintain a Treasury Single Account was unrealistic, assuring the Federal Government that the deadline would not only be met, but implemented.
He emphasised that implementation guidelines had been developed and would soon be made available to all MDAs, and to the general public.