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FG Incurred N16bn Transaction Costs On TSA, Says AGF

FG Incurred N16bn Transaction Costs On TSA, Says AGF The Federal Government has within the last two years incurred a total amount of N16bn as transaction costs on the Treasury Single Account (TSA). The Accountant-General of the Federation, Ahmed Idris, disclosed this on Sunday in Abuja. A...

Implementing PFM Reforms Our Goal- AGF.

Implementing PFM Reforms Our Goal- AGF. The Accountant-General of the Federation(AGF), Mr. Ahmed Idris has expressed the commitment of the Treasury under his leadership to fully implement all the Public Finance Management (PFM) reforms, particularly the Integrated personnel payment Information system, (IPPIS) as directed by...

FG, States LGs Share N635.55bn Allocation for January 2018

FG, States LGs Share N635.55bn Allocation for January 2018 The total sum of N635.55 billion has been shared as FAAC allocation among the Federal, States and Local Government Councils as revenue for the month of January 2018. Speaking to newsmen at end of the meeting of...

2015 Financial Statement IPSAS Compliant- AGF

2015 Financial Statement IPSAS Compliant- AGF Accountant General of the Federation, Mr. Ahmed Idris has revealed that the 2015 Financial Statement of the Federal Government was prepared based on the International Public Sector Accounting Standards Accrual basis (IPSAS Accrual basis), thus making it the first...

INTERVIEW: How TSA Hit Over N7trillion… Govt Saves N4bn Monthly on Banks Accounts- AGF Ahmed Idris

TSA Hit Over N7trillion Mr Ahmed Idris, the Accountant General of the Federation will soon be two years on the saddle, since his appointment in June 2015 by President Muhammadu Buhari. He was Director of Finance and Account at the Federal Ministry of Mines...

MDAs to Undergo Thorough forensic audit, Says Idris

The days internal auditors in Federal Government ministries, departments and agencies (MDAs) get away with complicity in fraud and other financial malfeasance perpetrated in their agencies are now over, as government is prepared to make them answer for their misdeeds while serving or even...