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.
Ok seen
ReplyDeleteMadallah.
ReplyDeleteOur EYES re on U!
ReplyDeleteCool
ReplyDeleteNice move, atleast it would help curb corruption in Lagos state government.
ReplyDelete~BONARIO~says so via NOKIA LUMIA
Ohh! Bonario, you are of the opinion that lagos had been swimming in corrupt practice.
DeleteIf 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?
ReplyDeleteYou'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'
DeleteYou'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'
DeleteIf 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?
ReplyDeleteWow! 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.
ReplyDeleteGood.
ReplyDeleteYour comment will be visible after approval
Hmmmm
ReplyDeleteLet's see what change this brings.
Hmmmm
ReplyDeleteLet's see what change this brings.
Single account be manage by Alpha Beta as the clearing partner, finally opening the state account to Tinubu
ReplyDeleteSingle account be manage by Alpha Beta as the clearing partner, finally opening the state account to Tinubu
ReplyDeleteSingle account be manage by Alpha Beta as the clearing partner, finally opening the state account to Tinubu
ReplyDeleteSingle account be manage by Alpha Beta as the clearing partner, finally opening the state account to Tinubu
ReplyDeleteOther states should follow suit.
ReplyDeleteI think its a good idea. May God bestow you with more wisdom to lead right.
ReplyDelete#TeamBlessed#
From salaries cut to single account,hope. It will solve the many problems the people are waiting to be solved...IMBACK
ReplyDeleteSounds 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!!!
ReplyDeleteNice one
ReplyDeleteFor window blinds, wallpaper and curtains please call 08160856785.
ReplyDeleteAfter this man
ReplyDeleteIgbo man will rule Lagos state.
Lagos state need Igbo governor.
They have been praying for that.
God will surely answer them after this governor.
Do you think God is dumb like you.MUMU
DeleteAfter this man
ReplyDeleteIgbo 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
ReplyDeleteIgbo 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!
ReplyDeleteAfter this man
ReplyDeleteIgbo 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!
ReplyDeleteThe spiral effect of this directive on the treasury department of most banks will be huge.
ReplyDeleteBaba don show una how things are supposed to be done. Nice one! Linda take note!
ReplyDeleteChai ,,, Banking industry expecially public sector group in all banks has collapsed.
ReplyDeleteIgbo kor weed ni....... Rubbish talk Asif u people allow dt shit in ya state.....eyes rolling...NYC move by NYC governor
ReplyDeleteI feel for most banks thst have been trading on govt money. This wil affect them a great deal from fed to state
ReplyDeleteHope it will be well managed!!!
ReplyDeleteIn 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.
ReplyDeleteThe 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?
ReplyDelete