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Sunday, January 17, 2016

TSA: Sokoto government uncovers N1.5billion in idle accounts

Read the press statement below...
Two weeks after the formal introduction of the Treasury Single Accounting (TSA) system in Sokoto, the state government said it has uncovered the sum of N1.5b lying idle in 100 redundant accounts belonging to it in various commercial banks in the country.
The state commissioner of finance, Alhaji Umar Saidu, who stated this in Sokoto Sunday while giving an update on the system's implementation, said government is determined to trace and close down all dormant and inactive accounts operated by it.
He said since the introduction of the TSA, there has been a massive improvement in the reconciliation of public finance figures between the government and commercial banks. This, according to him, has reduced risk of errors in reconciliation processes and has enhanced timeliness and quality of the fiscal figures from such accounts.
The commissioner said the introduction of the TSA has now enabled government to regularly monitor public cash balances while at the same time ensuring higher quality cash  analysis from all accounts hitherto operated by the state government and its agencies.

He added that more analysis are being undertaken efficiently and at regular intervals.
He said the full benefit of the new accounting system would be felt when the implementation of the 2016 budget starts. The document is currently undergoing legislative action with state House of Assembly.
Meanwhile, Sokoto Governor, Aminu Waziri Tambuwal, Sunday approved the posting and redeployment of new permanent secretaries and directors-general in the state civil service.
A statement issued by his spokesman, Malam Imam Imam, showed that 23 Permanent Secretaries were redeployed while 11 DGs have been sent to various departments and agencies in the state.

81 comments:

Iphie Abraham said...

Ok o,una try









LIB ADDICT#just passing#

talk2frankky said...

Thieves go dey unhappy about this news.

Vivian Reginalds said...

Good one governor. exemplary leader
-D great anonymous now as Vivian Reginalds

NaijaDeltaBabe said...

Chimoo! In dis same Nigeria?


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Anonymous said...

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chioma jacinta said...

Ok seen. * it's well*

dj banti said...

Good

SANDRA said...

bleahhhhhhhh

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efere erere said...

All des dscoveries are bcmin surprisin ooo

Anonymous said...

Hmmmmmm


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Point And Kill said...

Seen

Anonymous said...

Hmmmmmm


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They are even honest about it. That's good of them. The money should be used to develop the state.




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freeborn zinalima said...

Imagine which way Nigeria.
Hausa people have succeded in rending Nigeria economy dry.
Noting good comes from hausas excepting looting,stealing killing and terrorizing yet no one is talking except child of the most high Chief Fayose.





















#sad indeed

JAYZSBOSS said...

He should be brought in for questioning

freeborn zinalima said...

Imagine which way Nigeria.
Hausa people have succeded in rending Nigeria economy dry.
Noting good comes from hausas excepting looting,stealing killing and terrorizing yet no one is talking except child of the most high Chief Fayose.





















#sad indeed

Ade Olasengbe said...

The money should be spent to orphans.

Adejoke fasasi said...

1.5 what?
That large amount of money.
Nawa ooooo




















#Hajia Mufliat

Pesin Pikin said...

Na wa o! Who now kept these monies in those accounts?

Jenny Duby said...

Nawa oo

Unique Treasure said...

noted

































#she'sunique#

Unique Treasure said...

noted

































#she'sunique#

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Smith Anele said...

What have both the federal and state govt been doing with all these monies they are recovering? They still complain there's no money in both federal and state coffers .

Don Pafegs said...

Wow! TSA is wisdom from God to the present Government

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temitope faizat said...

Na wa ooo

Nnenne George said...

He wants to show us he is working.. Ask him again about this money in 6months time, he will no longer account for it.. Next plzzz!!!

Eddy Ogbunambala said...

Ok

viewer said...

Well, the discovery shows som1 is actually right this time... single treasury accounting system seems to be providing some answers... but the question is, what happens next? The discovered funds will be used for what and what? How will this improve the economy?? Will this nice concept continue???

viewer said...

Well, the discovery shows som1 is actually right this time... single treasury accounting system seems to be providing some answers... but the question is, what happens next? The discovered funds will be used for what and what? How will this improve the economy?? Will this nice concept continue???

fabian eze said...

somem of them would have been waiting patiently for the money to be long forgotten so they would share it among themselves.....its good they discovered the money.


#XENO-FABIAN

micheal effiom said...

Ok

Psalmuelle aka Samstone. said...

Recovering money again? Hope Fayose won't call this a scam too.

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Eric Nesty aka LIB'S FINEST said...

All dis things NA waSh....


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funkecrown05@gmail.com said...

Discover abi vomit dey one dey stole n hide

HECTOR EKITI said...

Nawa oo

Let's go Linda

charles obaze said...

Dis z jst d beginning

samson adele said...

Only 4naija my country

Emmanuel Benson said...

Am not suprise at all. Former Governor Aliyu Magatakada Wamakko should be investigated on a serious note,the way that man is sprearing money on the air when ever he is coming out or going back is just aweasome and unbelievaible. Am sure that is not his money he is spearing, if it is his money that man suppose to be very broke by now.

livingstone chibuike said...

Tambuwa is working

Juliet Godwin said...

They will recover it and still loot it again...

Igbine Jane said...

Nigeria we hail thee, and we're here looking to borrow because there's money

Fatty alkali. said...

Fraud everywhere.

Achi Izuegbunem said...

Looting Looting And Looting is the bane of our democracy..

Michael. said...

Sokoto state is standing out amongst their peers in the north,personally it seems in the whole north they are the only one,s that know what they are doing.The sultan of sokoto is a man different from his peers(pls you be the judge and compare him to an emir that we all know his pedigree,who comes out to make childish statements to remain relevant,forgoting 50 years since the demise of june 15th coup is enough time to stop making excuses and start letting results speak for themselves).Sokoto state is a state i am proud of as a Nigerian,more grease to their elbow.

Odibe Blessing said...

Hmmmmmmmmm

Anonymous said...

all good

Benedicta Emmanuel said...

That's a lotta money.
"NeVeR SaY NeVeR"

Anonymous said...

Even Dumbo fortunato na hausa? Your hatred for Hausas will keep you where you are. Oloshi

SongsOfSUSSAN said...

Are you kidding me? Nigeria is rich the only problem is POOR LEADERSHIP.

BEAUTIFUL9JADELTA said...

BEAUTIFUL9JADELTABABE... which way Nigeria. Hmm anyway me am Justsayingmaownohh via ma LATEST TECNO F7.
@lindaikeji d lindus am still waiting ohh

chinelo okafor said...

It seems the whole evil on this planet world came from Housa,s especially muslems .

joyous babe said...

That's too hinge.

Anonymous said...

See how dumb you are. Have you asked how much your governors in the east have stolen or stashed away?

Demmy said...

Dats huge sun.
God help Nigeria o

goschi godwin said...

What do u mean by idle account?

#PeopleMustAdjust

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Anonymous said...

See how dumb you are. Have you asked how much your governors in the east have stolen or stashed away?

chioma jacinta said...

I'm not surprise! * it's well*

Mhiz Pircy said...

God help us 1.5b. when there are millions of people who can hardly feed themselves.

Jamila Shaibu said...

Post my comment linda...

Oluwa Bukola said...

See the way one read billions on the Internet,,,. Ongoing Transparency in Sokoto. Kudos. #Linda'spal

Olakunle Oluwaseun said...

TSA nd recoveries everywia

Anonymous said...

You're not okay am sure.... very sure

valeria isaac said...

One is never sure of d stuff that will pop next . In dis part of world democracy means a lot of funny tinz n noting is clear anymore.

golda awosika said...

Eheh, money everywia




#*karlishah*

Anonymous said...

Let's not forget that this is the handiwork of uncle jonah

sisi said...

Nothing has been heard of Delta State, we are watching. ....

Oseni Yakubu said...

The gov should look inward the more.There are more of such accounts with the state huge sum of monies. Retrieve and use judiciously.

paparazi said...

He should develop his dirty amajiri state. This is why they are not developed. They rather send their kids to Islamic schools, than for them to have a proper education.

Daniel Dennis said...

Hmmm dis na plenty money o mk dem use am for poles welfare o

Ogbewe Godfrey said...

Nice, but is better to uses the money well by creating jobs opportunity

Peror World said...

U must be very stupid to believe this black muslim man,APC is just looking for a way to paint PDP black. Let's see if u will hear anytin about dis money again or see the effect of dis money in his state..Dump a** head folks that believes every thrash from all dis Chameleon-like governors

Remi Abioye said...

This is one of the good things introduced by PMB. But unfortunately our NASS has refused to embrace it because it will expose their recklessness and lack of transparency.

owakah (A.K.A. Innosometin) said...

Next

seyi okusanwo said...

Wailers food don done

Anonymous said...

Brand new idiot.

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