Dr Dikko Radda

Financial holes: Radda orders Katsina MDAs to adopt TSA

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The Governor of Katsina State, Mal. Dikko Umar Radda, has ordered all Ministries, Departments and Agencies (MDAs) of the state government to adopt immediately Treasury Single Account (TSA) for all their transactions.

This was confirmed by the governor in a marching order dated July 3, 2023, titled: “Treasury Single Account Direction Notice 2023,” which he personally signed.

KATSINA MIRROR recalls that Mallam Radda vowed shortly after his inauguration on May 29, 2023, as the state governor, to plug financial holes that could undermine financial and economic planning and serve as drain of the resources of the state.

Mal. Radda, in a release issued on Monday by his Chief Press Secretary, Ibrahim Kaula Mohammed, further directed the State Accountant General to prescribe the frame work within which Ministries, Departments and Agencies shall conduct their bank/cash management under the TSA.

The governor said: “The Commissioner for Finance, Accountant General and the Auditor General shall ensure compliance to this Direction.”

 The directive, he said, is in exercise of the power conferred on him by the provisions of Section 5(2) of the Constitution of the Federal Republic of Nigeria, 1999 (as amended) and all other powers enabling him on that behalf.

According to the governor, the circular may be cited as Treasury Single Account Direction Notice and shall be deemed to have come into force on the 3rd day of July 2023.

“Without prejudice to Section 120 of the Constitution of the Federal Republic of Nigeria, 1999 (as amended) all revenues and monies accruing and forming the Consolidated Revenue Fund including funds from Excess Crude Account, grants or donation for Katsina State shall be paid into a unified account to be referred to as Treasury Single Account out of which all expenditure incurred or approved to be incurred shall be defrayed or paid,” he stated.

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