3 min read 511 words 5 views
0
(0)

Accountant General of the Federal Ahmed Idris Accountant General
of the Federal

Accountant General of the Federal Ahmed Idris Accountant General
of the Federal Ahmed Idris

AGF Deploys Directors Revenue to MDA

The Accountant-General of the Federation, Mr. Ahmed Idris has
revealed that President Muhammadu Buhari has approved the posting
of Treasury officers to key Revenue generating Ministries
Departments and Agencies (MDAs) of Government to serve as Directors
of Revenue and Investments Departments.

Mr.Idris made this revelation recently in Abuja, while playing
host to the President and Council members of the Institute of
Chartered Accountants of Nigeria (ICAN) who were at the Treaury
House on a courtesy visit.

“As part of our roles as drivers of the reforms in the public
finance sector and in line with the present government’s commitment
to diversify sources of income, strengthen controls as well as
boost revenue generation of Government, the Treasury has come up
with a restructing of its functions and departments which will
ensure that Treasury officers are assigned to these key Revenue
Generating Agencies, such as NPA, NIMASA, CBN, NNPC, NCS, NCC and
FIRS etc” said the AGF.

According to the AGF “Government is not unmindful of the level
of revenue leakages in some of these key revenue generating
Agencies and has come with this policy that will ensure that
Treasury officers take charge of these revenues so that they can be
tracked and accounted for using ICT tools and automation platforms.
The government has also approved that the tenure of the Heads of
these Agencies will be performance based in line with revenue
targets sets out for them”

He therefore called on ICAN and other profesional Accounting
Bodies in the country to support Governments efforts by coming up
with more scientific strategies that will enable government
generate more revenue, as well as reduce the level of financial
corruption in the public and private sectors of the Nations
economy.

The AGF also emphasized that the development of the Country can
only be made possible when there is a continued growth in the
revenue base and resources of the Country, saying the current
situation where resources of government are dwindling owing to
dependence on oil and graft is not acceptable and cannot guarantee
sustained development.

He however commended ICAN for successfully completing their pet
project, the Accountability Index, describing it as step in the
right direction in institutionalizing the culture of accountability
in public finace management among the three tiers of government.
The AGF pledged the continued support of the Treasury to ICAN and
other Professional bodies towards strengthening the public finance
managment on the country.

Earlier the President of ICAN, Alhaji Razak Adeleke Jaiyeola,
expressed ICAN’s appreciation to the Office of the
Accountant-General of the Federation (OAGF) for “the invaluable
technical support” to the institute towards the publication of the
inaugural report of the ICAN Accountability Index, released in
October 2018.

Alhaji Jaiyeola, also commended the OAGF for the successful
implementation of the various Public Finance Reform initiatives
such as the TSA, describing it as a veritable tool for effective
monitoring of government finances.

Oise D Johnson
Head Press and Public Relations (OAGF)

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

We are sorry that this post was not useful for you!

Let us improve this post!

Tell us how we can improve this post?

By admin