Governor Ambode said the operation of a Treasury Single Account (TSA) aside providing transparency and accountability will also encourage tax payers to request for a single account before making their payments.
In addition, all the affected revenue collecting banks have been mandated to immediately close all the existing multiple revenue accounts domiciled in their banks to give room for a single revenue accounting system in line with the Accountability and Transparency Policy of the current administration.
“With this development, it is expected that all parastatals, local governments and establishments will commence the operation of the TSA onSeptember 1, 2015”, the Governor said.
39 comments:
Ok seen
Madallah.
Our EYES re on U!
Cool
Nice move, atleast it would help curb corruption in Lagos state government.
~BONARIO~says so via NOKIA LUMIA
If the head of a fish is fresh , then it's a fresh fish. Good governance is trickling down. Am impressed. Jona where's your face?
If the head of a fish is fresh , then it's a fresh fish. Good governance is trickling down. Am impressed. Jona where's your face?
Wow! Dis policy will go a long way to ensure transparency and accountability in dis new administration in Lagos state. Thumbs up and more power to his elbows.
Good.
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Hmmmm
Let's see what change this brings.
Hmmmm
Let's see what change this brings.
Single account be manage by Alpha Beta as the clearing partner, finally opening the state account to Tinubu
Single account be manage by Alpha Beta as the clearing partner, finally opening the state account to Tinubu
Single account be manage by Alpha Beta as the clearing partner, finally opening the state account to Tinubu
Single account be manage by Alpha Beta as the clearing partner, finally opening the state account to Tinubu
Other states should follow suit.
I think its a good idea. May God bestow you with more wisdom to lead right.
#TeamBlessed#
From salaries cut to single account,hope. It will solve the many problems the people are waiting to be solved...IMBACK
Sounds good to me.. But I hope they will run the treasury account so well.. I hope no strange monkey hand will enter there.. I hope so!!!
Nice one
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After this man
Igbo man will rule Lagos state.
Lagos state need Igbo governor.
They have been praying for that.
God will surely answer them after this governor.
After this man
Igbo man will rule Lagos state.
Lagos state need Igbo governor.
They have been praying for that.
God will surely answer them after this governor.
After this man
Igbo man will rule Lagos state.
Lagos state need Igbo governor.
They have been praying for that.
God will surely answer them after this governor.
Baba don show una how things are supposed to be done. Nice one! Linda take note!
After this man
Igbo man will rule Lagos state.
Lagos state need Igbo governor.
They have been praying for that.
God will surely answer them after this governor.
Baba don show una how things are supposed to be done. Nice one! Linda take note!
The spiral effect of this directive on the treasury department of most banks will be huge.
Baba don show una how things are supposed to be done. Nice one! Linda take note!
Chai ,,, Banking industry expecially public sector group in all banks has collapsed.
Ohh! Bonario, you are of the opinion that lagos had been swimming in corrupt practice.
Igbo kor weed ni....... Rubbish talk Asif u people allow dt shit in ya state.....eyes rolling...NYC move by NYC governor
Do you think God is dumb like you.MUMU
I feel for most banks thst have been trading on govt money. This wil affect them a great deal from fed to state
Hope it will be well managed!!!
In as much as this is good for easy of accountability, i don't it is the major issue of corruption. Any corrupt government can still withdraw from the account either by issuing fraudulent contracts or any other means. You can have several accounts and restrict power to withdraw from those account and reconcile correctly. Big corporations run several accounts and they maintain them accordingly.
The negatives of this act include
- only one bank benefits ...killing competition which is very necessary for growth and development. The Beneficiary bank becomes lazy
- more stress on the masses. The nearest bank branch could be some kilometers away and when you get there you will meet crowed.
- once there is a problem with the payment system of (eg POS, network issue) that particular bank, everything goes to a halt.
This policy does not fit the modern day demand.
My thoughts
Human Being No Be God
was fashola corrupt?
You're forgetting that it was the same JONA & NOI that instituted this Treasury Single Account (TSA) before while in office. Let them keep dealing you 'the-more-you-look, the-less-you-see'
You're forgetting that it was the same JONA & NOI that instituted this Treasury Single Account (TSA) before while in office. Let them keep dealing you 'the-more-you-look, the-less-you-see'
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