We’ll Resolve Issues Affecting Federal Treasury Reports – AGF Idris Says

BY GLORIA USMAN, ABUJA – The Accountant General of the Federation (AGF), Ahmed Idris has vowed to resolve issues surrounding Federal Treasury in order to sustain a timely production of the Federal Government’s general purpose of financial statements.
This was contained in a statement by the Director of Information, Press & Public Relations in the Office of the Accountant General of the Federation, Henshaw Ogubike, in which he said that the move is in compliance with the extant rules and regulations guiding its operations.

Idris further said that the Federal Government Treasury has bridged the hitherto deficit in the production of the government’s financial statements.
The AGF, who was addressing the leadership of the Financial Reporting Council of Nigeria; who were led on a visit by the Acting Executive Secretary, Iheanyi Anyahara; maintained that, “the Federal Government Treasury will continue to implement strategies that will guarantee timely production of general purpose financial statements of the federal government”.
He saluted the courage of the Financial Reporting Council of Nigeria in its determination to ensure compliance with internationally acceptable financial management and reporting standards, and advised that enforcement of the policy should be holistic to ensure optimal compliance by public and private entities.
On the request by the Financial Reporting Council of Nigeria for partnership and synergy with the Office of the Accountant General of the Federation, Idris noted that the initiative was apt and would among other things, promote healthy, mutually beneficial working relationship between the two agencies.
The AGF approved the constitution of a joint committee comprising officials of the Financial Reporting Council of Nigeria and his office to work out modalities for the proposed partnership between the two agencies.
In his remarks, the Acting Executive Secretary of the Financial Reporting Council of Nigeria, Iheanyi Anyahara commended Idris for the successes so far recorded in the implementation of the Federal Government’s financial management reforms initiatives anchored by the Federal Treasury.
Anyahara assured the AGF of the support of the Council for a seamless implementation of IPSAS accrual basis of accounting general purpose financial statement in the country.