AGF promises timely production of financial reports

Accountant General of the Federation (AGF), Mr Ahmed Idris has promised to ensure that the timely production of the Federal Government’s general purpose financial statements is sustained.

While addressing the management of the Financial Reporting Council of Nigeria (FRCN) led by the acting Executive Secretary, Iheanyi Anyahara who visited him in his office, Idris disclosed that Federal Government Treasury has bridged the hitherto deficit in the production of the Federal Government’s financial statements in compliance with the extant rules and regulations.

A statement from Director, Information, Press and Public Relations in the Office of Accountant General of the Federation (OAGF), Henshaw Ogubike quoted the AGF saluting the courage of the FRCN 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 FRCN for partnership and synergy with the OAGF, Idris noted that the initiative was apt and will, among other things, promote a healthy, mutually beneficial working relationship between the two agencies.

He approved the constitution of a joint committee comprising officials of the FRCN and the OAGF to work out modalities for the proposed partnership between the two.

In his remarks, the Acting Executive Secretary of the Financial Reporting Council of Nigeria, Iheanyi Anyahara commended the Accountant General of the Federation for the successes so far recorded in the implementation of the Federal Government’s financial management reforms initiatives anchored by the Federal Treasury.

He assured the Accountant General of the Federation of the support of the Financial Reporting Council of Nigeria for a seamless implementation of IPSAS accrual basis of accounting general purpose financial statement in the country.

YOU SHOULD NOT MISS THESE HEADLINES FROM NIGERIAN TRIBUNE

We Have Not Had Water Supply In Months ― Abeokuta Residents

In spite of the huge investment in the water sector by the government and international organisations, water scarcity has grown to become a perennial nightmare for residents of Abeokuta, the Ogun State capital. This report x-rays the lives and experiences of residents in getting clean, potable and affordable water amidst the surge of COVID-19 cases in the state…AGF promises timely production  AGF promises timely production

Selfies, video calls and Chinese documentaries: The things you’ll meet onboard Lagos-Ibadan train

The Lagos-Ibadan railway was inaugurated recently for a full paid operation by the Nigerian Railway Corporation after about a year of free test-run. Our reporter joined the train to and fro Lagos from Ibadan and tells his experience in this report…AGF promises timely production  AGF promises timely production