President Muhammadu Buhari

The Office of the Accountant-General of the Federation (OAGF), says it will fully support the visiting Gambian team on its quest to learn operations of the Treasury Single Account (TSA).

A statement by Mr Henshaw Ogubike, the Deputy Director, Press, OAGF, on Friday in Abuja, said Mr Mohammed Usman, the acting Accountant-General of the Federation (AGF), gave the assurance.

Usman gave the assurance when he received the Gambian delegation who was in Nigeria to understudy the workings of the TSA. The Gambian delegation is being led by Ms Ada Gaye, Permanent Secretary, Ministry of Finance and Economic Affairs.

He assured the team that the OAGF was prepared to share experience with it on TSA so it could replicate same in The Gambia.

He also said that Nigeria would tap from the Gambians’ success story on Government Integrated Financial Management Information System (GIFMIS).

He also recollected how Gambia had hosted delegations from Nigeria to The Gambia on study tour of GIFMIS about 15 years ago.

Usman itemised the activities lined up for the team which includes, lectures by subject matter experts, interactive sessions and meeting with key stakeholders.

He added that the team would also visit Lagos where it was scheduled to meet some of Nigeria’s key players in the e-payments and FINTECH space whom he said were vital to an endeavour like TSA.

Mr Sylva Okolieaboh, the Director, TSA, enjoined the visiting team to pay attention to every little item slated for discussion.

The Treasury Single Account (TSA) is a financial policy pioneered by the Nigeria government to consolidate all inflows from all all agencies of government into a single account at the Central Bank of Nigeria. It was proposed under the Jonathan Administration and fully implemented by the Buhari Administration.

By John Owen Nwachukwu

Daily Post Nigeria

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