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Buhari Issues Sept. 15 Deadline to MDAs Over Treasury Single Account

 

President Muhammadu Buhari on Monday gave September 15 deadline for full compliance with his directive for all revenue due to the Federal Government or any of its agencies to be paid into the Treasury Single Account or designated accounts maintained and operated by the Central Bank of Nigeria (CBN), except otherwise expressly approved.

A circular issued to all Ministries, Departments and Agencies of the Federal Government 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 – HCSF/428/S.1/125, dated September 4, 2015, according to a statement issued by the President’s Special Adviser on Media and Publicity, Femi Adesina, noted that a number of MDAs were yet to comply with Circular Ref. No. HCSF/428/S.1/120 of August 7, 2015, which conveyed President Buhari’s original directive on the payment of all Federal Government revenue into a single account.

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The new circular reads: “In this regard, His Excellency, Mr. President has directed that all MDAs are to comply with the instructions on the Treasury Single Account (TSA) unfailingly by Tuesday, September 15, 2015.

“Heads of MDAs and other arms of government are enjoined to give this circular the widest circulation and ensure strict compliance to avoid sanctions.”

 

Source: The Nation

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