he Office of Accountant General of the Federation whilst working on the implementation of the Treasury Single Account policy following the directive by President Muhammadu Buhari GCFR on the Treasury policy issued earlier this month has reassured the public that the policy will boast revenue collection, block leakages, ensure transparency and timely disbursement of funds to beneficiaries.
The Accountant-General of the Federation made this disclosure during separate courtesy visits to his office by the managements of Access Bank, Zenith bank and United Bank for Africa UBA. The AGF Alhaji Ahmed Idris added that compliance to the Presidential directive on the implementation of the TSA would promote effective management of public resources, thereby ensuring cost effectiveness and accountability.
Speaking further, the AGF noted that the implementation of TSA will facilitate compliance with sections 80 and 162 of the 1999 Constitution of the Federal Republic of Nigeria as it paves way for the timely capture and payment of all revenues into appropriate accounts of government.
The Access Bank, Zenith bank and UBA subsequently made separate presentations of staff buses to the Office of the Accountant-General of the Federation as part of their corporate social responsibility. The management of the Banks reiterated their commitment to support the present administration of President Buhari towards revamping the economy of Nigeria.
The Banks assured that as partners and stakeholders in the Treasury activities,they would continue to support the Office of the Accountant-General of the Federation in other areas such as capacity building and infrastructural development.
The buses presented to Office of the Accountant-General of the Federation were:
Access Bank 32 seater coaster bus
UBA 32 seater coaster bus
Zenith bank (2 nos) 14 seater staff bus.
In his response to the gesture by the banks, the AGF Alhaji Ahmed Idris expressed his profound appreciation,reiterating the need for seamless synergy between the public and private sector adding that, that will bring about the fulfillment of the” change agenda ” in service delivery to Nigerians.
K.N. OFFIE Mrs
DD PRESS, OAGF
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Report By: PRNigeria.com