‘FG will not shift deadline for Treasury Single Account’

The Federal Government is firm on its directive and has said there would be no shifting of the deadline for all Ministries, Departments and Agencies to comply with the presidential directive on Treasury Single Account (TSA).

In a statement issued by the Deputy Director, Press, at the Office of the Accountant General of the Federation, K.N. Offie, in Abuja on Friday, the Accountant General of the Federation, Ahmed Idris, said the Tuesday (September 15) deadline was realistic, achievable and not subject to postponement.

He said all MDAs should close all accounts with the commercial banks on or before the deadline adding that the Implementation Guidelines had been developed and would soon be made available to all interested parties and the general public.

President Muhammadu Buhari had recently given all MDAs a September 15 deadline to comply with the Treasury Single Account directive.

The directive requires all MDAs to pay all revenues and monies accruing to the government into a Federal Sub-Treasury account maintained by the Central Bank of Nigeria.

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