Re: Jonathan Already Ordered All MDAs To Operate Single TSA in January by bugzbunny: 10:30am On Aug 10, 2015 |
Bubu. Noise maker |
Re: Jonathan Already Ordered All MDAs To Operate Single TSA in January by searay(m): 10:31am On Aug 10, 2015 |
B[i][/i][b][/b] |
Re: Jonathan Already Ordered All MDAs To Operate Single TSA in January by Jackrich: 10:31am On Aug 10, 2015 |
I think the APC is yet to come to terms with what they'll do about their mouth watery promises that won't come to fruition hence the alarming rate of the propagandas. Let them get down to work please - I'm sick and tired of hearing 'we will' 'I'll will' and so on and so forth. 1 Like |
Re: Jonathan Already Ordered All MDAs To Operate Single TSA in January by free2ryhme: 10:31am On Aug 10, 2015 |
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Re: Jonathan Already Ordered All MDAs To Operate Single TSA in January by oloyede252(m): 10:31am On Aug 10, 2015 |
OK.I don't understand the need to create this post. |
Re: Jonathan Already Ordered All MDAs To Operate Single TSA in January by Change2015(m): 10:32am On Aug 10, 2015 |
Just like the last minute resolve to tackle boko haram hard, Jonathan was a prime example of a man who never managed to do the right thing at the right time. 1 Like |
Re: Jonathan Already Ordered All MDAs To Operate Single TSA in January by oloyede252(m): 10:33am On Aug 10, 2015 |
pretydiva: Wats d importance of dis thread?
don't know too.could anyone please explain |
Re: Jonathan Already Ordered All MDAs To Operate Single TSA in January by erico2k2(m): 10:33am On Aug 10, 2015 |
1 Like |
Re: Jonathan Already Ordered All MDAs To Operate Single TSA in January by MadCow1: 10:33am On Aug 10, 2015 |
2 Likes |
Re: Jonathan Already Ordered All MDAs To Operate Single TSA in January by SLIDEwaxie(m): 10:34am On Aug 10, 2015 |
Redoil: always stealing ideas from gej handover note as usuall.
Nigeria should prepare to hear Buhari claiming glory for all the arms purchase by gej to fight BH and for their footsoldiers minions to continue to sing praises about that. like in said, be ashamed. That's the only expiation to be considered for ur idiocy 1 Like |
Re: Jonathan Already Ordered All MDAs To Operate Single TSA in January by Nobody: 10:34am On Aug 10, 2015 |
Thats PDP for you... When something good happens to Buhari led administration, they find a way of claiming the glory but when otherwise happens, they cry foul. They are gradually turning themselves to enemy of the nation. Its not however surprising cos Jonathan spent six years ordring fake orders and fake promises. Im sorry for PDP soo toothless. 1 Like |
Re: Jonathan Already Ordered All MDAs To Operate Single TSA in January by Nobody: 10:34am On Aug 10, 2015 |
I HV said and will continue to say it like I'm saying it na. PMB and his ppl HV nothing new to give us. its either they continue wit the lofty ideas and initiatives of GEJ or progress in error. the other day PMB and his VP shamefully registered wit IPPIS. a system developed by GEJ to curb ghost workers in civil service and which has been saving over 50billion naira annually. now its TSA, old ideas of GEJ nothing new to giv. only God knw wat GEJ legacy they will steal again. oooh no wonder buhari invited GEJ to beg him and seek help from him. 1 Like |
Re: Jonathan Already Ordered All MDAs To Operate Single TSA in January by PassingShot(m): 10:34am On Aug 10, 2015 |
SenseiX: Can the fawning Sai Buhari adulators now realise their Messiah hasn't done anything groundbreaking, enough with the unnecessary propaganda already. A simple answer to these questions please: 1. Was the directive complied with? 2. If not, what was done by GEJ to make sure the directive was complied with? 3. Do you really think if the directive is already in force, PMB will issue another directive? 4 Likes 1 Share |
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Re: Jonathan Already Ordered All MDAs To Operate Single TSA in January by JuanDeDios: 10:35am On Aug 10, 2015 |
SenseiX: Pres Jonathan had already ordered all MDAS to close down all accounts and make all transactions with the Single TSA with the Federal govt far back in January so I don't get what's the big deal about it. Buhari probably got it from GEJ'S Handover notes. The decision of GEJ then was well reported in the news then, it even made Nairaland's front page. Here's a punch report on it from January The Federal Government on Tuesday directed all its Ministries, Departments and Agencies to close their revenue accounts with Deposit Money Banks latest by February 28.
The government gave the directive while unveiling an electronic revenue collection platform aimed at checking theft, diversion of collected revenue and all sorts of corrupt practices associated with revenue collection.
The balances in the revenue accounts, it said, should be transferred to the Consolidated Revenue Fund of the Federal Government.
It warned that any MDA that failed to comply with the directive by the end of February would be appropriately sanctioned.
The Accountant-General of the Federation, Mr. Jonah Otunla, disclosed these in Abuja at a workshop to sensitise the MDAs to the commencement of the electronic revenue collection project.
The implementation of the project, he stated, began on January 1 this year and that it was meant to enthrone a new regime of centralised, transparent and accountable internally generated revenue management system.
The House of Representatives had in an investigative report on unremitted revenue last year said that 60 revenue generating agencies of the Federal Government failed to remit over N9.4tn to the coffers of the government between 2009 and 2012.
The Chairman, House Committee on Finance, Abulmumin Jibrin, had said of the N3.06tn the agencies generated in 2009, only N46.8bn, or 1.53 per cent was remitted to the government.
In 2010, the sum of N3.07tn was generated, but N54.1bn or 1.76 per cent was remitted; and in 2011, the generated figure stood at N3.17tn, out of which only N73.8bn or 2.33 per cent was remitted.
Otunla said going forward, the new platform would improve the availability of funds for financing of developmental projects and budgets as well as plugging loopholes in government revenue collection and management.
He said the commencement of the e-collection platform was a product of series of treasury reforms that began in 2012 and aimed at ensuring transparency and accountability in the management of the nation’s resources.
The reforms, he stated, led to the introduction of the Government Integrated Financial Management Information System and the Treasury Single Account.
Otunla said, “We have rolled out the GIFMIS and TSA implementation. At inception, a total of 93 agencies were enrolled and as of today, we have about 551, which is about three quarter of the total budget of the federation.
“We have yet to realise the full potential of the reforms. Some big budget MDAs to wit the National Assembly, National Judicial Council, the armed forces and some other autonomous agencies have been reluctant to be brought into the GIFMIS and TSA process.
“The implication of this is that substantial cash resources of the government are still lying idle at a time when our cash flow is facing a lot of challenges. In the face of the cash flow problem, we need to be more creative. We can enhance the performance of the budget by either improving revenue or reducing costs.”
The accountant-general added, “Our efforts this morning on the e-collection of revenue is a revenue enhancing programme by freeing more funds for budget performance. We are perfecting a system of collection. We are not perfecting a system depriving the commercial banks of income.
“So, we just want to make revenue collection a little more efficient; but in the process, it might influence the inflow to the commercial banks and that’s why the Central Bank of Nigeria is playing a pivotal role.”
Shedding more light on the new revenue collection platform, the Director, Funds, Office of the Accountant-General of the Federation, Mr. Mohammed Dikwa, said, henceforth, government revenues would now be paid into the CRF/TSA at the central bank through any branch of the DMBs.
He said, “A treasury circular on e-collection will be issued next week. With the coming of e- collection, MDAs can no longer maintain revenue bank accounts with commercial banks. You are, therefore, advised to transfer any outstanding balance in your RBA to the CRF and immediately commence the processes of closing them.
“The MDAs are given up to February 28, 2015 to close the RBAs. Appropriate sanctions shall be applied against any MDA that fails to comply.”
To ensure the successful implementation of the project, Dikwa explained that a multi-stakeholder committee comprising the OAGF, CBN and representatives of all the commercial banks was set up to agree on the implementation plans and timelines. http://www.punchng.com/business/business-economy/close-revenue-accounts-with-banks-fg-orders-mdas/ Here is the Nairaland front page thread on it back in January https://www.nairaland.com/2082943/close-revenue-accounts-banks-fg
So Buhari only just re-issued an order already issued by GEJ Cc lalasticlala
Yes, but most MDAs did not comply. It was necessary for Buhari to give the order again. 3 Likes |
Re: Jonathan Already Ordered All MDAs To Operate Single TSA in January by anonimi: 10:35am On Aug 10, 2015 |
Abugab: And what happened with this directive till he handed over govt? You TANoids just hate progress. Some of you are arguing that same order was given by NOI in 2013, how come the MDAs never obeyed the orders? Op, governance is a continuous process we know but the past administration only gave orders that were flaunted and disregarded. Watch out how they will all conform with the current order soon and that will tell you the difference between the two govts and show you what is new about it all. Until they have ALL complied what is the NOISE about please ![](/faces/huh.png) |
Re: Jonathan Already Ordered All MDAs To Operate Single TSA in January by qualityovenbake(m): 10:35am On Aug 10, 2015 |
Proper gander here and there, who are we to believe and which party is saying the truth. I will go with the party that implemented it and not the one that suggested it. |
Re: Jonathan Already Ordered All MDAs To Operate Single TSA in January by patrickmuf(m): 10:35am On Aug 10, 2015 |
OP succeeded in saying nothing... Next please |
Re: Jonathan Already Ordered All MDAs To Operate Single TSA in January by gulfer: 10:36am On Aug 10, 2015 |
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Re: Jonathan Already Ordered All MDAs To Operate Single TSA in January by anonimi: 10:36am On Aug 10, 2015 |
JuanDeDios: Yes, but most MDAs did not comply. It was necessary for Buhari to give the order again. Where did you get confirmation that MOST (i.e. at least 60%) did not comply ![](/faces/huh.png) Hope you can share the report here. Thanks. 1 Like |
Re: Jonathan Already Ordered All MDAs To Operate Single TSA in January by Demdem(m): 10:37am On Aug 10, 2015 |
erico2k2:
and whats your proof that they have obeyed now? ![](/faces/huh.png) Below is proof. Do u still need more?Ventura1: The surprise thirty-two per cent jump in Federal Account Allocation Committee (FAAC) disbursements to the three tiers of government in June was a result of a more transparent reporting of the federation’s gross revenues BusinessDay can report.
The unexplained rise at a time of a continued fall in international crude oil prices left many analysts wondering but investigation by BusinessDay has showed that the transparent reporting method imposed by the two-month old Buhari administration meant that revenues that were hitherto unaccounted for, had to be brought into the collective pool for sharing.
The total disbursable fund for June amounted to N539bn or $2.71bn, up by 32 per cent from the level for May.
The statutory allocation, the largest element of the payment, brought an increase of N162b or the equivalent of $810m on May revenues.
A state like Edo, for instance saw its June allocation rise significantly, by more than N500m and governor Adams Oshiomhole who confirmed the development was unequivocal that the additional funds would not have come in if government agencies were left to account for their revenues in their old ways.
“I can tell you that my state got much more than it would normally get and this additional funds came because they (federal agencies) could no longer hide or cook their books”, the governor told BusinessDay in Ndola, Zambia, on the sideline of the commissioning of the 1.5MT cement plant build by Dangote Cement.
The governor, who is one of those selected by the National Economic council to beam a searchlight on the irregularities in flows into FAAC, added, “we are already seeing the benefit of the attitude of the Buhari administration to our collective resources and this is welcome, especially because we have just started and their scope for getting better. We all can now see that the days of impunity are gone.”
Governor Oshiomhole’s explanation has helped to shed light on the jump in the federal allocation disbursement.
In its August 5 daily note, FBN Capital had said, “we struggle to explain the marked increase in the allocation which is predominantly derived from the oil industry.”
On Friday, FBN Capital welcomed the recovery in foreign reserves, which rose $2.5bn in July to $31.5bn on a 30-day moving average basis.
FBN Capital said the increase in reserve couldn’t be explained by just the savings from the ban on 41 items, which hitherto accounted for about $900m in FX utilisation per month, on the basis of figures for Q1.
Analysts at FBN Capital said, “we have to look elsewhere for additional explanations for the pick up in reserves in July.”
http://businessdayonline.com/2015/08/cash-going-to-states-from-faac-rising-on-fear-of-buhari 1 Like |
Re: Jonathan Already Ordered All MDAs To Operate Single TSA in January by efilefun(m): 10:38am On Aug 10, 2015 |
BMZK: I may not know the difference between the two policies but if they are the same, it shows how weak the previous administration was for a president to issue an order and such instruction was not carried out accordingly despite a clear dead line. All the same it is a welcome development. God bless Nigeria! God bless those who are striving to see Nigeria is back on track. To the enemies of progress, May God grant them wisdom to repent and join the common goal fight for a better Nigeria.
A lot of orders were given by GEJ that was dumped in the trash can almost immediately... I can still remember the MAULAG stuff which didn't see the light of the day mainly because the president was a mere comedian 3 Likes |
Re: Jonathan Already Ordered All MDAs To Operate Single TSA in January by JuanDeDios: 10:38am On Aug 10, 2015 |
anonimi:
Where did you get confirmation that MOST (i.e. at least 60%) did not comply ![](/faces/huh.png) Hope you can share the report here. Thanks. I read our papers daily. Yes, most (at least, 50%+1) did not comply. 1 Like |
Re: Jonathan Already Ordered All MDAs To Operate Single TSA in January by Jamiualagidi: 10:38am On Aug 10, 2015 |
Try to understand the difference between a government of "' We have to" and a government that "Act now with action" |
Re: Jonathan Already Ordered All MDAs To Operate Single TSA in January by ijustdey: 10:39am On Aug 10, 2015 |
temitemi1: Another propaganda exposed ![grin](https://www.nairaland.com/faces/grin.png) someone just expose the weaklings you call hero... someone whose directive can't bite |
Re: Jonathan Already Ordered All MDAs To Operate Single TSA in January by Nobody: 10:39am On Aug 10, 2015 |
JuanDeDios:
Yes, but most MDAs did not comply. It was necessary for Buhari to give the order again. . does it now make it buhari's legacy? the answer z no. so calm down and accept the truth. for ur record that policy was tomb done systematically in such a way as ministry enroll any problem dat comes up will b eradicated in the process till it achieve 100% result. #sell d truth not. |
Re: Jonathan Already Ordered All MDAs To Operate Single TSA in January by mentorandfriend(m): 10:39am On Aug 10, 2015 |
datacryd: GEJ My hero Lazy dimwit, registered a new moniker this morning to scam innocent people for data. Huh? 1 Like |
Re: Jonathan Already Ordered All MDAs To Operate Single TSA in January by anonimi: 10:39am On Aug 10, 2015 |
JuanDeDios: I read our papers daily. Yes, most (at least, 50%+1) did not comply. No reference? No link? No date? And you expect who to believe you ![](/faces/huh.png) |
Re: Jonathan Already Ordered All MDAs To Operate Single TSA in January by efilefun(m): 10:40am On Aug 10, 2015 |
Redoil: always stealing ideas from gej handover note as usuall. Nigeria should prepare to hear Buhari claiming glory for all the arms purchase by gej to fight BH and for their footsoldiers minions to continue to sing praises about that. The same arms Dasuki claimed had been on water for years ![](/faces/huh.png) ? Abegiii |
Re: Jonathan Already Ordered All MDAs To Operate Single TSA in January by juman(m): 10:40am On Aug 10, 2015 |
That means the order was not followed.
Jonathan is too weak to lead any country successfully. 1 Like |
Re: Jonathan Already Ordered All MDAs To Operate Single TSA in January by anonimi: 10:41am On Aug 10, 2015 |
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Re: Jonathan Already Ordered All MDAs To Operate Single TSA in January by shamecurls(m): 10:41am On Aug 10, 2015 |
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