The Kano State Government has mandated the closure of all bank accounts held by its ministries, departments, and agencies (MDAs), directing that they be consolidated into a single treasury account. Governor Abba Yusuf announced this decision during a meeting at the Government House in Kano on Wednesday, citing financial irregularities observed across various state bodies.
Thank you for reading this post, don't forget to subscribe!Governor Yusuf emphasized that the move aims to enhance financial management and prevent misconduct. He warned that any MDA failing to comply within one week will face legal consequences.
Additionally, Zayyid Abubakar, Chairman of the Kano State Internal Revenue Service (KIRS), introduced a new tax collection plan designed to operate under the unified treasury account system. Abubakar stated that the new system is expected to boost state revenue and reduce the risk of fund misappropriation.
The meeting was attended by key government officials, including the Chief of Staff to the Governor, Shehu Sagagi, commissioners, and representatives from various banks.
