Comply with directive on TSA by Sept. 15 or face sanctions, Buhari tells Ministries and MDAs

Posted by News Express | 7 September 2015 | 2,957 times

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President Muhammadu Buhari has set a deadline of Tuesday, September 15, 2015 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.

Special Adviser to the President, Mr. Femi Adesina, disclosed this in a statement issued late this morning in Abuja.

He said that a circular issued to all Ministries, Departments and Agencies (MDAs) of the Federal Government by the Head of the Civil Service of the Federation, Mr. Danladi Kifasi urged them to ensure strict compliance with the deadline to avoid sanctions.

According to Adesina, the circular – HCSF/428/S.1/125 of September 4, 2015 – 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 Treasury Single Account.

The Presidential Spokesman quoted Mr. Kifasi as writing in the circular: “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.”

•Photo shows President Buhari.


Source: News Express

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