President MUHAMMADU BUHARI has set a deadline of September 15 for full compliance with his directive on full enforcement of the Treasury Single Account scheme.

President MUHAMMADU BUHARI has set a deadline of September 15 for full compliance with his directive on full enforcement of the Treasury Single Account scheme. 

The notice comes with a warning of sanctions against Ministries, Departments and Agencies that fail to comply with the Treasury Single Account. According to a statement issued by the Special Adviser to the President on Media and Publicity, FEMI ADESINA, all revenue due to the Federal Government or any of its agencies are to be paid into TSA or designated accounts maintained and operated in the Central Bank of Nigeria, except otherwise expressly approved. The statement cited a circular issued to all MDAs of the Federal Government by the Head of the Civil Service of the Federation, DANLADI KIFASI which directed strict compliance with the deadline to avoid sanctions.