The Imo State Accountant General, Dec. Donald Igbo has advocated for the effective implementation of the Treasury Single Account (TSA) in IMO state. He made the call while speaking to newsmen at the end of a one day sensitization training workshop for all Permanent Secretaries, Directors, Account heads/officers of different ministries, LGA’s, Agencies and MDA’s, held in the state, recently. The training programme took place at the Imo International Conference Center Owerri. The Accountant g General assured total compliance with Executive Order 005 of the government of Imo state, which demanded the introduction of the Treasure Single Account (TSA) , leading to the closure of over 250 different government accounts already existing in the state.
According to Dec. Donald Igbo: “The Treasurer Single Account (TSA) system is a welcome development which will rapidly improve the economy and the internally generated revenue of the state. Again, our account heads are well informed on what to do in their various operating units to effectively ensure a successful implementation of the Treasure Single Account (TSA) in Imo State.
In another development, Dec. Donald Igbo assured that, the introduction of the Treasure Single Account will drastically reduce fraudulent activities and financial misappropriation in the state. He Added that, with the use of automated receipts, Imo economy will obviously bounce back to life. He therefore urged account-heads, permanent secretaries and directors in the state to abide by the new rule in order to avoid any problem or “face the music. “The fear of EFCC and ICPC is the beginning of wisdom to all financial managers in Imo state”, he declared