TSA: AGF Insists On Tomorrow’s Deadline For Accounts’ Closure | WakaWaka Reporters
fg llll

TSA: AGF Insists On Tomorrow’s Deadline For Accounts’ Closure

The Accountant- General of the Federation, Alhaji Ahmed Idris, has said there is no going back on tomorrow’s deadline to Ministries, Departments and Agencies (MDAs) to close all Federal Government accounts with commercial banks.

He said the directive is in line with the new Treasury Single Account( TSA).

The directive was contained in a statement by the Deputy Director( Press) of the OAGF, Mrs. Kenechukwu Offie.

The statement said: “The Office of Accountant- General of the Federation hereby reassures all Ministries, Departments and Agencies (MDAs) as well as the general public that the September 15, 2015 deadline for the closure of all accounts of Federal Government MDAs with the commercials banks is realistic, achievable and will not be shifted forward.

“This is to correct speculations making rounds in some quarters of the media, that the deadline may not be feasible.

“The Accountant-General of Federation, Alhaji Ahmed Idris emphasizes that Implementation Guidelines have been developed and will soon be made available to all interested parties and the general public.

“The Office of the Accountant-General of the Federation, in line with its statutory mandate and directives by Mr. President on the TSA, will continue to provide all necessary information and technical support to all MDAs, Banks and the general public to ensure a smooth, seamless and transparent implementation of the TSA/e-Collection policy.”

President Muhammadu Buhari had set a deadline of Tuesday, September 15 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 (TSA) or designated accounts maintained and operated in the Central Bank of Nigeria (CBN), except otherwise expressly approved.

A circular to all Ministries, Departments and Agencies by the Head of the Civil Service of the Federation, Mr. Danladi Kifasi, urged the MDAs to ensure strict compliance with the deadline to avoid sanctions.

The circular said a number of MDAs were yet to comply with the August 7, 2015 circular, which conveyed President Buhari’s original directive on the payment of all Federal Government revenue into a Treasury Single Account.