Niger to adopt Trea­sury Sin­gle Ac­count - Gover­nor

Daily Trust - - BUSINESS - From Hamisu Muham­mad, New York

Niger State gover­nor, Al­haji Abubakar Sani Bello said the state is col­lab­o­rat­ing with the World Bank and Cen­tral Bank of Nige­ria to have a trea­sury sin­gle ac­count very soon.

Speak­ing to news­men in New York, the venue of the United Na­tions Gen­eral Assem­bly, Al­haji Bello said the num­ber of ac­counts in the state cur­rently have are too many, a sit­u­a­tion he said is giv­ing room for un­eth­i­cal con­duct by some work­ers.

“Things went wrong. Our prayer is that peo­ple will co­op­er­ate with us and as­sist to cor­rect all those things. It is true that for any cor­rec­tions to take place, you must en­dure, be­fore the so­lu­tion comes in,” he said.

To the gover­nor, it is un­for­tu­nate that at the time they are ready to com­mence work for the peo­ple, there is no money in the coun­try. “Some­times when we pay salaries of work­ers we end up with a N100 mil­lion or N200 mil­lion bal­ance in the trea­sury. What do you ex­pect us to do with such money? How can we pro­vide wa­ter, qual­ity ed­u­ca­tion, healthcare sys­tem and even to pay con­trac­tors? These are the chal­lenges we are fac­ing. That is why we must en­sure that all the leak­ages in the sys­tem have been blocked.”

Giv­ing more light on the probe of the last ad­min­is­tra­tion in the state, Gov Bello said, “While it is a probe to some ex­tent, it is also not a probe. Our ad­min­is­tra­tion is fol­low­ing due process and we are go­ing to give ev­ery­body his right and we will not tol­er­ate any in­jus­tice for any­body. “Part of the things we dis­cov­ered so far is that we found that there are bil­lions of naira with­drawn from the banks; cash not even trans­fer. The re­port sub­mit­ted re­cently to me showed that about N70 bil­lion cash was with­drawn with­out any rea­son.

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