The Accountant-General of the Federation (AGF), Mr. Ahmed Idris has given an update on government savings.
He spoke during an
interactive session with a team of journalists led by Director News, Federal
Radio Corporation of Nigeria (FRCN), Alhaji Sani Sulieman.
Idris said the amount
so far collected on the Treasury Single Account,(TSA) platform is slightly
above 2.7 trillion naira.
He further stated that
these monies belong to Federal Government Ministries, Department and Agencies,
and meant for their operations and not for sharing or for any other purposes as
being reported in some quarters of the media.
Mr. Idris said that
the TSA has helped government to have a firm and full control of its resources,
blocking leakages, helping it to reduce the cost of borrowing and to monitor
spending in the MDAs.
He called on all
organizations who have any problems on the operations of the TSA to come
forward with their problems, assuring that the Office of the Accountant General
of the Federation is committed to resolving whatever challenges they might have
in line with best practices.
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