Nasarawa State Accountant General Zakka Yakubu Lekwe has decried the Non-compliance to the directive of the state ministry of Finance and Economic Development to Ministries, Departments and Agencies.
The AG in an exclusive interview with selected Journalists said vast of the MDA’s flouted the Financial Instructions of Nasarawa State.
He further said the directive was in accordance with the rules and regulations IPSO.
Zakka says the measure was a step at the right direction to avoid losing colossal amount of money.
“It was our arrangement to fully appropriate and to bring to book all financial transactions”.
He added that the non-compliance to closure of books Of Account would have an adverse consequence on 2018 financial year.
“the circular was to give us account and balances to be remitted back to the ministry of finance.
The Accountant General in a circular dated 4th December 2017 with reference number AG/GEN/9/VOL ll/56 item two stated all revenue collections made during the financial year must be brought into account on or before Sunday 31st December, 2017.
The circular further indicated that revenue collecting banks are directed to ensure that all collections are swept into the state revenue pool.
It further unfolded that December salaries and pensions will be paid earlier than the usual date to enable workers and pensioners prepare for the yuletide.
The circular also revealed that all recurrent and capital expenditure vouchers should be submitted to the sub-treasury and pay office not later than 31st December, 2017.
Stating further those transactions for the fiscal year, 2017 will not be carried on beyond 31st December, 2017.
The circular hinted that payment vouchers from the Federal Government and other states Government must reach the treasury Headquarters not later than 12th December, 2017 for onward delivery to the appropriate paying point.
It stated that any unretired amount after this date will be classified as personal advance and recovered in bloc from the salary of the imprest holder.
The circular also urged all MDA’s and pay offices to balance and close their books by the clock of work on 31st December, 2017 and remit all unutilized funds.