The Federal Government has addressed all ministries, departments and agencies (MDA) that operate in the states to close their accounts with commercial banks and comply with the unique treasure account policy (TSA).
The directive was issued by the Federation General Accountant, Dr. Oluwatoyin Madein, during a working visit to the Federal Payment Office in Benin, EDO.
This was revealed in a statement published on Thursday by the director of Press and Public Relations at the Office of the General Accountant of the Federation, Bawa Mokwa.
The reaffirmation of the government's commitment to TSA's policy, Madein warned that no MDA should operate accounts with commercial banks unless the president approves it expressly and officially communicates by his office.
The statement says:
“While reiterating the federal government's commitment to the Treasury Individual Accounts Policy, the Federation General Accountant urged federal payment officials to monitor and ensure that ministries, departments and agencies in states do not operate with commercial banks or sweat any disposition of TSA's policy. “
In addition, he emphasized that any exception must follow strict guidelines, require the presidential approval and formal communication of the General Accountant Office.
Madein also commissioned federal payment officials (FPO) to guarantee compliance, defense of transparency and maintenance of professionalism in their financial operations.
She warned against actions that could undermine the integrity of the Federal Treasury and emphasized the need for maintenance of precise financial records.
As part of the current reforms, he revealed that the federal government is building new federal payment offices in some states to address infrastructure and operational challenges. She assured that her office remains committed to the well -being of her staff while enforcing the fulfillment of financial regulations, including the Public Prosecutor's Law and the Constitution.
His visit to Benin's federal payment office was part of a national tour to evaluate the operations and challenges of federal payment offices throughout the country.
Nigerian tribe