President Buhari has threatened to sanction Government
Agencies that fail to comply with the Federal Government
directive to remit generated revenues into the Treasury
Single Account by September 15. This is contained in a
statement released by his Special Adviser on Media &
Publicity Femi Adesina today September 7th. The statement
after the cut...
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. A circular issued to all
Ministries, Departments and Agencies of the Federal
Government by the Head of the Civil Service of the
Federation, Mr. Danladi Kifasi urged the MDAs to ensure
strict compliance with the deadline to avoid sanctions. 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.
“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,” Mr. Kifasi
wrote.
Femi Adesina
Special Adviser to the President
(Media & Publicity)
September 7, 2015
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