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 15, 2015 deadline.

“Idris while expressing satisfaction with the level of compliance affirmed that the TSA 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,” said Kenechukwu Offie, Head of Press and Public Relations in the AGF’s Office..

Mrs. Offie said that Idris 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 actualisation of the objective of the policy.

“At the close of business yesterday, September 15, almost all MDAs, especially the revenue yielding ones, had all complied with the Presidential directive,” she said, adding that the AGF has revealed that sanctions will be meted out to any erring MDA.