Imo state governor, Emeka Ihedioha adopts single account treasury

Emeka Ihedioha

Imo state governor, Emeka Ihedioha, has proclaimed an Executive Order on operating the Treasury Single Account in the state.

The governor made this proclamation, after receiving the interim report of the Financial Advisory Committee at the weekly Expanded Executive Council meeting at Government House, Owerri.

He directed the immediate closure of all revenue accounts operated by the ministries, departments and agencies in the state, stressing that doing so will ensure financial probity.

Ihedioha decried a situation where ministries, departments and agencies of government operated parallel revenue accounts with the Board of Internal Revenue, contrary to the dictates of the TSA policy.

He prohibited the collection of cash as payment for services rendered by government and its agencies, directing that all such payments be made to designated bank accounts of the state.