Home NEWS Economy: Whatever Comes In, Goes Out Must Be Accounted For, Buhari Insists

Economy: Whatever Comes In, Goes Out Must Be Accounted For, Buhari Insists

President Buhari receives in courtesy visit President and Member of the Governing Council of Association of National Accountants of Nigeria (ANAN) in State House on 12th Oct 2018

President Muhammadu Buhari has insisted his government, in order to ensure continued accountability in the country, will insist always that whatever comes into the reasury and goes out it must be accounted for.

He made it clear that his government did not bring into force the Treasury Single Account (TSA) for the fun of ti and cannot be taken as optional for growth.

The President, who played host to the executives of the Association of National Accountants of Nigeria (ANAN) led by its President, Alhaji Shehu Usman Ladan at the Presidential Villa, today, Friday,  said that he will insist on better financial structure which he said, required much sacrifice and focus on the part of the government.

“One of the cardinal objectives of this administration is that people and all government institutions must give account for what comes in and goes out.

“We did not introduce TSA, but we enforced it. TSA makes a lot of sense that you must have to give account for whatever comes in and goes out in government finance; that’s accountability.”

President Buhari advised accountants to remain focused and support the government in the ongoing fight against corruption, even as he warned that they might not be liked by many people because of their professional ethics.

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He assured them that the sacrifice is necessary for the country to grow.

In his remarks, Alhaji Ladan commended President Buhari for the laudable achievements in ensuring an inclusive and strong economy by plugging leakages, and making youth empowerment and infrastructure top priority.

“This government has instilled fiscal discipline by plugging leakages,” he said, adding that Nigeria’s image in the comity of nations had also improved significantly, attracting more Foreign Direct Investments.

The ANAN President noted that the President’s assent to the Not-Too-Young-To- Run bill further encouraged youth participation in governance.

He said that the fight against terrorism is commendable as the Boko Haram insurgents had been degraded.

He extolled the administration’s effort in getting the economy out of recession and repositioning it for diversity through agriculture.

“Your second term, Mr. President, will bring more succour to Nigerians.”