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Nairametrics
Home Business News Politics

Nigeria’s Accountant-General Says Treasury Single Account’s September 15 Deadline Is Realistic

Editor by Editor
September 12, 2015
in Politics
Nigeria’s Accountant-General Says Treasury Single Account’s September 15 Deadline Is Realistic
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  • Nigeria’s Accountant General,  Mr Ahmed Idris, on Friday lashed out at Ministries Departments and Agencies (MDAs) who had suggested that the September 15 deadline to maintain a Treasury Single Account was unrealistic.
  • Mr Idris assured 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.
  • Recently,President Buhari gave a directive to the MDAs to shut down all existing accounts  and implement a Treasury Single Account.
  • This decision is meant to help block what the Federal Government had described as leakages in the system, promote transparency and facilitate compliance with sections 80 and 162 of the Nigerian Constitution.
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