President Muhammadu Buhari has accredited the posting of Treasury officers to key Income producing Ministries Departments and Businesses (MDAs) of Authorities, the place they’ll operate as Administrators of Income and Investments Departments.
The Accountant-Common of the Federation (AGF), Ahmed Idris, revealed this whereas internet hosting the President and Council members of the Institute of Chartered Accountants of Nigeria (ICAN), who have been at his workplace on the Treasury Home on a courtesy go to.
In line with him, the Treasury Home was already restructuring its features and departments, which is able to make sure that Treasury officers have been assigned to numerous key income producing businesses.
The businesses embody: the Nigerian Ports Authority (NPA), the Nigerian Maritime Administration and Security Company (NIMASA), the Central Financial institution of Nigeria (CBN), the Nigerian Nationwide Petroleum Company (NNPC), the Nigeria Customs Service (NCS), the Nationwide Communications Fee (NCC), the Federal Inland Income Service (FIRS), amongst others.
Ahmed famous tht a part of the roles of Treasury officers, have been to be drivers of the reforms within the public finance sector, consistent with the present administration’s dedication to diversify sources of earnings, strengthen controls in addition to enhance income technology of Authorities.
“Authorities is just not unmindful of the extent of income leakages in a few of these key income producing Businesses and has include this coverage that may make sure that Treasury officers take cost of those revenues in order that they are often tracked and accounted for utilizing ICT instruments and automation platforms.
“The federal government has additionally accredited that the tenure of the Heads of those Businesses shall be efficiency primarily based consistent with income targets units out for them,” he mentioned.