AGF commends MDAs for compliance with TSA deadline, threatens erring MDAs

Ahmed IdrisAccountant General of the Federation

The Accountant-General of the Federation (AGF), Ahmed Idris has commended all Ministries, Departments and Agencies (MDAs) that complied with the Presidential directive on the transition to the Treasury Single Account (TSA) in view of the September, 15th deadline issued.

A statement signed by Head of Press and Public Relations, Kenechukwu Offie (Mrs.) on Wednesday, said "Idris while expressing satisfaction with the level of compliance affirmed that the Treasury Single Account has come to stay."

She said that compliance with the directive indicated that Nigeria was at the threshold of a new era of transparent and accountable management of Public finances. 

The Accountant-General therefore thanked all the MDAs for their cooperation, assuring them and the general public of the "preparedness to ensure a hitch-free implementation"

"At the close of Business on Tuesday, September, 15th 2015, almost all MDAs, especially the revenue yielding ones have all complied with the Presidential directive" the statement said, adding that sanctions will be meted out to any erring MDA.