By Mercy Okpe.
ABUJA – The Accountant-General of the Federation (AGF), Dr. Oluwatoyin Madein, has directed all Federal Pay Officers (FPOs) to rigorously monitor Federal Ministries, Departments, and Agencies (MDAs) to ensure strict compliance with the Treasury Single Account (TSA) policy.
In a statement released by the Office of the Accountant-General of the Federation (OAGF), Madein emphasized the critical role of FPOs in enforcing TSA compliance. She reiterated that MDAs are “strictly prohibited from operating accounts with commercial banks without express presidential approval,” which must be formally communicated by the AGF and adhere to established guidelines.
“This directive shows the federal government’s unwavering commitment to the TSA and its broader public financial management reform initiatives,” Madein stated.
She also stressed the importance of maintaining accurate, presentable, and compliant financial records, advising FPOs that “no matter how good you are, if your record doesn’t show this, it would be difficult to adjudge that you are efficient.”
The AGF announced that regular record checks will be conducted by officials from the Treasury headquarters.
