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FG Orders Strict Compliance with Treasury Single Account Policy

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By Adenike Lawal

The federal government has directed Federal Pay Officers (FPOs) nationwide to enforce strict adherence to the Treasury Single Account (TSA) policy by all Ministries, Departments, and Agencies (MDAs) at the state level.

During a visit to the Federal Pay Office in Benin, Accountant General of the Federation (AGF), Dr. Oluwatoyin Madein, warned that MDAs must not bypass TSA rules or maintain unauthorized accounts with commercial banks. Any exceptions require presidential approval through the AGF.

She urged FPOs to uphold transparency, professionalism, and ethical standards in managing federal funds, adding that routine inspections will ensure compliance.

Dr. Madein also acknowledged operational challenges and announced plans to build new office structures to improve working conditions for FPO staff.

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