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Lagos State Governor, Akinwunmi Ambode has officially approved the operation of a treasury single account in Lagos State, The Nation reports. The account will be in operation from September 1st, 2015. The account’s operation will help to improve the state’s revenue generation while boosting transparency and accountability. The action is in line with the All Progressives Congress’ plans under President Buhari to accrue all government revenue to one consolidated account. You might remember that earlier this month, President Muhammadu Buhari directed Federal Government Ministries, Departments and Agencies (MDAs) to open and start paying into a Treasury Single Account (TSA) for all government revenues, incomes and other receipts, according to Vanguard Newspaper. See more of this story here.   Source: The Nation.    

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This article was first published on 17th August 2015

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Ify Halim is a Writer and media enthusiast based in Lagos. She enjoys writing self-help/inspirational articles with published work in UYD Magazine, Edufrica, Our Stories Inc. and The Keele Concourse. She currently works at ConnectNigeria.com, Nigeria’s Information Portal. Follow her on Twitter @MissHalim or visit her online space at ifyhalim.wordpress.com


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