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HomeNewsEconomyPublic funds won’t go into private pockets anymore – AGF

Public funds won’t go into private pockets anymore – AGF

The Accountant General of the Federation (AGF), Ahmed Idris, has assured Nigerians that public funds will never end up in private pockets as was the case in the past.

Speaking at the Daily Trust Board of Economists Breakfast Meeting on Thursday in Abuja, Idris said Nigeria has adopted high international standards for its accounting system to ensure nothing is hidden from the general public.

He said the federal government has weeded all ghost workers out of government payroll through online system of salary payment and no single individual will be able to collect more than one single salary in a month due to checks put in place by the government.

The AGF said the Treasury Single Account (TSA) adopted by the federal government ensures that government can easily fund its budget as public funds will no longer go to private pockets.

The Minister of Information, Alhaji Lai Mohammed, lamented that the problems confronting Nigeria are self-inflicted.


Represented by Jimoh Lawal, at the breakfast meeting, Mohammed said Nigeria over the years decided to concentrate on only one product at the expense of others.

He said corruption and indiscipline have been a major problem in the country and these have affected all facets of the economy.

He observed that Nigeria could achieve more than what Singapore achieved in few years if Nigerians imbibed the virtues of discipline and shun corruption.




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