Kano State to Generate 10bn Monthly Through Single Treasury Accounts

                                         

The kano state government will generate N10bn monthly through the use of Single Treasury Accounts TSA and blocking of leakages according to the kano state commissioner of finance Prof  Kabiru Isah Dandago.
The commissioner while fielding questions from journalist at a dinner organised by Institute of Chartered Accountants,ICAN, Kano-Jigawa branch said all source of state revenue are now remitted into one account   saying that they no longer ask of how or where to deposit government money.

He said, “The present Kano government was first to introduce single treasury account in July, 2015, before the federal government. Single treasury account by the government of Dr. Abdullahi Umar Ganduje is a deliberate policy to block revenue leakages and jack up revenue generation from N1.5billion in the recent past to N5billion or N10 

Dandago disclosed that the sources of revenue to Lagos State government are similar to those of Kano government, but Lagos generated N20.5billion while Kano generated only N1.5 billion.
“Why we are not generating as Lagos generated is that the money goes to different baskets, such that we ended up with peanuts”, he said.
He stated that under the present government, they will close the gap with what Lagos government generated and jack up their revenue to close to N10billion.