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Ihedioha signs executive order to introduce TSA in Imo

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By Toby Prince

Governor Emeka Ihedioha of Imo State has signed an executive order on operating the Treasury Single Account in the state.

The governor signed the Order 005, 2019 on Wednesday after receiving the interim report of the financial advisory committee at the weekly expanded executive council meeting at Government House, Owerri.

Mr Ihedioha also directed the immediate closure of all revenue accounts operated by ministries, departments and agencies in the state.

The move, he said, was to ensure financial probity.

Ihedioha also prohibited the collection of cash as payment for services rendered by government and its agencies.

“All payments, including deductions from the salaries of civil servants, be remitted at the time of paying salaries to the Treasury Single Account maintained by the Board of Internal Revenue.

“It is the policy of this government as decided by the State Executive Council to consolidate revenue receipts through the operation of the Treasury Single Accounts for all receipts,” he said.

Chairman of the committee, Abraham Nwankwo, while delivering his report, said the committee members were grateful for the privilege to serve the state.

Also at the meeting were heads of financial institutions in the state, permanent secretaries, traditional rulers, heads of security agencies and senior government officials.

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