• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Home Government E-Collection Project For MDA’s Revenue Generation
  • Government

E-Collection Project For MDA’s Revenue Generation

By
K.n. Offie
-
January 8, 2015

Nigerians have been urged to focus less on Expenditure budgeting and more on Revenue generation. Thisstatement was made by the Accountant –General of the Federation (AGF) Mr. Jonah Ogunniyi Otunla, FCA, CON at the first in the series of the Federal Government e-Collection Project, MDA Sensitization Workshop launched at the Chelsea Hotel in Abuja on 6-8 January 2015.

The Accountant General of the Federation informed the workshop participants that GIFMIS, which was inaugurated in April 2012, is now 3years and is a success story that has come to stay due to serious commitment on the part of all the stakeholders.

Speaking further, Mr. Otunla stated that with the birthing of e-Collection, it is projected that the project will be a success if all parties involved put in their best. According to him, the take-off date for e-Collection is the 1st of January , 2015.

While appreciating the Finance Minister for her support and encouragement on the other Programs\platforms before this, which includes IPPIS and TSA, the AGF stressed that the true potential of the Budget is yet to be realized due to reluctance by some major organizations to join the platform. He therefore enjoined all present to support e-Collection project.

Read Also:

  • When Transparency Becomes Luxury: INEC and ₦1.5B FOI Controversy By Chike Walter Duru
  • WikkiTimes Becomes First Nigerian Newsroom to Join Global Legal Protection Network
  • Dozens Eliminated as NAF Shells Bandits Convoy in Niger, Recovers Rustled Cattle

Also speaking during the opening ceremony, a representative from the Central Bank of Nigeria (CBN) who is also the Director, Banking Payments System Mr. Dipo Fatokun enumerated the Elements of “Good e-Collection as the ability to allow other alternative modes of electronic payments other than cash i.e.; The ATM, Internet, Point of sale (POS), Mobile Payment and Electronic Funds Transfer (NIBSS) as well as the benefits of e-Collection and cashless policy which include, enabling Financial Inclusion for all, Risk Reduction, Longer Opening Hours, Reduction of Revenue Leakage, Increased Economic Development and Stability. He further noted that the whole world is moving in cash-less mode and Nigeria cannot be an exception as the policy involves a culture change which will naturally take some time to gain acceptance.

Mr. Fatokun however noted that with support of all the stakeholders, Cash-less Policy is being accomplished.

The Director Funds Mr. Mohammed Dikwa, mni in the Office of the Accountant-General of the Federation (OAGF) in his speech appreciated the AGF for such innovation and noted that the introduction of e-Collection is in continuation of the determined effort of the OAGF at reforming the Public Financial Management System. Speaking further Mr. Dikwa disclosed that this is the starting phase and that all the Geographical Regions would be visited and sensitized in the coming weeks.
Several other directors presented papers at the workshop.

K.N. Offie
DD (Press)

VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
Previous articleOnly Loyal Party Members Will Get Positions In Apc – Kwankwaso
Next articleTroops Foil Terrorists Attempt To Occupy Damaturu
K.n. Offie
K.n. Offie
https://prnigeria.com/

RELATED ARTICLESMORE FROM AUTHOR

INEC

When Transparency Becomes Luxury: INEC and ₦1.5B FOI Controversy By Chike Walter Duru

WikkiTimes Becomes First Nigerian Newsroom to Join Global Legal Protection Network

FG, States, LGs Share N2.1trn from September Revenue – FAAC

Terrorists Have Killed More Muslims Than Christians — Trump’s Adviser

NDLEA Logo

EXPLAINER: The Truth Behind NDLEA’s Position on Cannabis Oil By Arafat A. Abdulrazaq

Nigeria Wins Two Major Global Awards for Digital Governance at OGP Summit in Spain

Professor Joash Ojo Amupitan

Senate approves appointment of Amupitan as INEC chair

Head of the Civil Service of the Federation (HoSF), Mrs. Didi Esther Walson-Jack,

FG Begins Data-Driven Reform of Civil Service Through PASGA Project

Senator Dickson Breaks Silence: Rejects Defection to APC, Backs Amupitan for INEC Chair

ASUU

NANS Issues 7-Day Ultimatum to FG, ASUU to End Dispute or Face Action

FG Moves to Deepen Climate-Smart Policies, Partnerships Across Africa

Late Lagbaja widow after his induction into the US Army International Hall of Fame

U.S. Army War College Inducts Late Lagbaja into International Hall of Fame

LEAVE A REPLY Cancel reply

Log in to leave a comment

Recent Posts

  • When Transparency Becomes Luxury: INEC and ₦1.5B FOI Controversy By Chike Walter Duru
  • WikkiTimes Becomes First Nigerian Newsroom to Join Global Legal Protection Network
  • Dozens Eliminated as NAF Shells Bandits Convoy in Niger, Recovers Rustled Cattle
  • Police Intercept Suspects, Recover 75 Phones, 5 Laptops in Lagos
  • JUST IN: 21 Abductees Regain Freedom as Army Sustains Offensive Against Bandits in Kwara, Kogi
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
When Transparency Becomes Luxury: INEC and ₦1.5B FOI Controversy By Chike Walter DuruWikkiTimes Becomes First Nigerian Newsroom to Join Global Legal Protection NetworkDozens Eliminated as NAF Shells Bandits Convoy in Niger, Recovers Rustled CattlePolice Intercept Suspects, Recover 75 Phones, 5 Laptops in LagosJUST IN: 21 Abductees Regain Freedom as Army Sustains Offensive Against Bandits in Kwara, KogiNASI Commandant Charges Newly Promoted Colonels to Uphold Discipline, DedicationFG, States, LGs Share N2.1trn from September Revenue – FAACLagos Police Nab Armed Robbers, Recover Firearms, Stolen VehiclesTerrorists Have Killed More Muslims Than Christians — Trump’s AdviserNAF Donates 35,000-Litre Borehole to Edo CommunityBaze University SRC pays Courtest Visit to Chancellor, Senator Yusuf Datti Baba-AhmadCP Dantawaye Assumes Duty as New FCT Police CommissionerSeven Killed as Repentant Bandits, Illegal Miners Clash in KadunaCustoms, Air Force Strengthen Synergy on Border Security in KanoNigerian Police Secure Conviction of 59 Foreign Cyber Criminals in Major Crackdown
X whatsapp