News | Events | Digital PR | Advertising

Home News FG Warns It Will No Longer Cover State Governments’ Unpaid Liabilities
News

FG Warns It Will No Longer Cover State Governments’ Unpaid Liabilities

Share
Share

The Federal Government has issued a warning that it will no longer take responsibility for unpaid liabilities incurred by State Governments.

To address this, the Accountant General of the Federation (AGF), Dr. Oluwatoyin Sakirat Madein, urged States to curb revenue leakages and enhance their revenue generation and collection.

“This will ensure that State Governments receive their revenues as and when due, and the Federal Government will not be burdened by unpaid liabilities,” Madein stated.

She made this remark during her working visit to the Federal Pay Office in Kano, according to a statement from the Office of the Accountant General of the Federation (OAGF), issued by the Director of Press and Public Relations, Bawa Mokwa.

Madein emphasized the need for financial discipline, instructing Federal Pay Officers (FPOs) to ensure that Ministries, Departments, and Agencies (MDAs) comply with the Federal Government’s public financial management reform initiatives.

She also urged FPOs to embrace financial prudence and adopt new financial reforms in their daily operations. “The use of manual processes in carrying out financial activities will soon be over. The use of modern technology in the accounting profession is key and vital,” she said.

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
News

Tragedy in Texas: British Nigerian Student Killed Just Before Nursing Graduation

23-year-old Tamilore Odunsi, a British-Nigerian nursing student, had moved to the U.S....

News

Court Sentences BRT Driver to Death by Hanging for Murder of Fashion Designer Bamise Ayanwola

A Lagos State High Court has sentenced Andrew Nice Ominikoron, a former...

News

Seyi Tinubu Breaks Silence on Bribery Allegations: “I Have Never Met Him Before, It’s All Fiction”

Seyi Tinubu, son of Nigeria’s President Bola Ahmed Tinubu, has responded forcefully...

News

Appeal Court Upholds Conviction of Professor Ogban for Election Rigging in Favour of Akpabio

The Court of Appeal in Calabar has upheld the conviction of Professor...