The Accountant- General of the Federation(AGF), Ahmed Idris has commended all Ministries, Departments and Agencies (MDAs) who have complied with the Presidential directive on the transition to the Treasury Single Account (TSA) in view of the September, 15th 2015 deadline.
Idris while expressing satisfaction with the level of compliance affirmed that the Treasury Single Account has come to stay, that the compliance is an indication that Nigeria is at the threshold of a new era of transparent and accountable management of Public finances.
He thanked all the MDAs for their cooperation, assuring them and the general public of the preparedness to ensure a hitch-free implementation that will bring about the actualization of the objective of the policy.
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 to transit to the Treasury Single Account (TSA).
He further revealed that sanctions will be meted out to any erring MDA.