• About us
  • Advertise
  • Privacy & Policy
  • Contact
Tuesday, September 2, 2025
  • Login
NewsPeg Magazine logo
  • Home
  • News
    • World
    • Business
    • Politics
  • Technology
  • Entertainment
    • Sports
  • Lifestyle
    • Health
No Result
View All Result
  • Home
  • News
    • World
    • Business
    • Politics
  • Technology
  • Entertainment
    • Sports
  • Lifestyle
    • Health
No Result
View All Result
NewsPeg Magazine logo
No Result
View All Result
Home Top stories

Accountant General Cautions MDAs on TSA Policy Evasion 

Admin by Admin
February 13, 2025
in Top stories
Reading Time: 2 mins read
0
Share on FacebookShare on TwitterShare on Whatsapp

By Nkechi Eze

In a bid to ensure full compliance with the TSA policy which is essential for promoting transparency and accountability in government financial transactions, 

the Accountant General of the Federation, Dr. Oluwatoyin Madein, has directed Federal Pay Officers (FPOs) to ensure that Ministries, Departments, and Agencies (MDAs) in the states strictly comply with the Treasury Single Account (TSA) policy.

Madein issued this directive during a working visit to the Federal Pay Office (FPOs) in Benin, Edo State, as part of her nationwide tour to assess the operations and challenges of FPOs.

At the visit, she warned that no MDA should “operate an account with commercial banks or attempt to bypass the TSA regulations”

She emphasized that as representatives of the OAGF, Federal Pay Officers must perform their duties with integrity and avoid actions that could undermine public financial management.

Reaffirming the government’s commitment to the TSA policy, she stated that MDAs can only maintain accounts with commercial banks if they obtain direct presidential approval, which must be officially communicated by the Accountant General following established rules and guidelines.

Madein also stressed the importance of maintaining accurate and properly documented financial records.

“No matter how good you are, if your record doesn’t reflect it, it will be difficult to assess your efficiency. Ensure that your records are always correct, presentable, and meet the required standard,” she advised.

To ensure compliance, she noted that officials from the Treasury headquarters would conduct regular visits to review financial records at the FPOs.

Madein further emphasized that for FPOs to perform effectively, they must be well-versed in the Financial Regulations, the Constitution, the Public Procurement Act, and other relevant public finance management policies.

She also announced that the federal governmentt is constructing new Federal Pay Offices in various states to address long-standing accommodation and infrastructure challenges.

“The Office of the Accountant General of the Federation (OAGF) remains committed to prioritizing the welfare and well-being of staff in the Federal Pay Offices,” she assured.

ShareTweetSend
Previous Post

Prioritize Health Insurance Schemes Before Operations, Theatre Commander Urges Troops

Next Post

NAF Speaks on Clash Between Its Personnel and Police Officers in Warri

Admin

Admin

Related Posts

Former IGP Solomon Arase Dies at 69
Top stories

Former IGP Solomon Arase Dies at 69

August 31, 2025
NIDCOM Intervenes as Nigerians in Distress Cry Out from Central African Republic
Top stories

Don’t Stereotype Any Ethnic Group, Crime Has No Federal Character — NiDCOM Boss

August 3, 2025
NIDCOM Intervenes as Nigerians in Distress Cry Out from Central African Republic
Top stories

NIDCOM Intervenes as Nigerians in Distress Cry Out from Central African Republic

July 25, 2025
Next Post

NAF Speaks on Clash Between Its Personnel and Police Officers in Warri

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Editor's Choice

Former IGP Solomon Arase Dies at 69

Former IGP Solomon Arase Dies at 69

August 31, 2025
Air Chief Strengthens Defence Ties in China, Inspects Advanced Aerospace Facilities

Air Chief Strengthens Defence Ties in China, Inspects Advanced Aerospace Facilities

August 31, 2025
  • Trending
  • Comments
  • Latest
Imo Monarch Raises Alarm as 22-Year-Old Abandoned Road Threatens to Cut Off Okwuohia Community

Imo Monarch Raises Alarm as 22-Year-Old Abandoned Road Threatens to Cut Off Okwuohia Community

August 26, 2025
NIMC Trains Corps Members for Nationwide NIN Ward Enrollment Initiative

NIMC Trains Corps Members for Nationwide NIN Ward Enrollment Initiative

June 24, 2025
FG Rescues 11 Nigerian Miners Stranded in Central African Republic, Brings Them Home Safely

FG Rescues 11 Nigerian Miners Stranded in Central African Republic, Brings Them Home Safely

August 15, 2025

NAVY CAPTAIN A. MNGUVE UNVEILS THREE INSPIRATIONAL BOOKS IN LITERARY TRIUMPH

May 7, 2025

MEDIA FOUNDATION SEEKS UPGRADED DIGITAL INFRASTRUCTURE IN NIGERIA

4

Easter/Eid-el-Fitr: FRSC Records Massive Reduction in Road Crashes.

2
GSAI TRAINS JOURNALISTS TO INTENSIFY ENGAGEMENTS REVOLVING AROUND INVOLVEMENT OF WOMEN IN POLITICS AND GOVERNANCE

GSAI TRAINS JOURNALISTS TO INTENSIFY ENGAGEMENTS REVOLVING AROUND INVOLVEMENT OF WOMEN IN POLITICS AND GOVERNANCE

2

IDENTIFYING BARRIERS TO WOMEN’S POOR REMUNERATIONS, IT’S EFFECTS ON HOUSEHOLD.  LACK OF INCLUSIVE LABOUR LAWS?

2
Former IGP Solomon Arase Dies at 69

Former IGP Solomon Arase Dies at 69

August 31, 2025
Air Chief Strengthens Defence Ties in China, Inspects Advanced Aerospace Facilities

Air Chief Strengthens Defence Ties in China, Inspects Advanced Aerospace Facilities

August 31, 2025
ICPC Chairman Seeks Judicial Reforms, Stronger Collaboration with National Judicial Institute in Anti-Corruption Battle

ICPC Chairman Seeks Judicial Reforms, Stronger Collaboration with National Judicial Institute in Anti-Corruption Battle

August 31, 2025
NDLEA Destroys 178,000kg Cannabis in Taraba Forest, Arrests 75-Year-Old Grandpa, Intercepts Millions of Opioid Pills Nationwide

NDLEA Destroys 178,000kg Cannabis in Taraba Forest, Arrests 75-Year-Old Grandpa, Intercepts Millions of Opioid Pills Nationwide

August 31, 2025
NewsPeg Magazine

Newspeg is a General interest Magazine conceived by Nigerian Media practitioners of like minds across ethnic and geo-political divides of the country, for the purpose of creating uniqueness in Magazine reporting in Nigeria and repositioning the country for the needed growth.

Follow Us

  • About us
  • Advertise
  • Privacy & Policy
  • Contact

© 2024 Newspeg magazine - powered by Vecrit.

No Result
View All Result
  • Home
  • News
    • Business
    • World
  • Technology
  • Entertainment
  • Lifestyle
  • Editorial
  • Columns
  • More

© 2024 Newspeg magazine - powered by Vecrit.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In