Office Of Accountant General Of The Federation Pledges Support To FMBN

Idris

By CLEMENT NWOJI, Abuja

The office of the Accountant-General of the Federation has pledged  to assist Nigeria’s foremost mortgage finance institution, the Federal Mortgage Bank of Nigeria (FMBN) to realise its mandate.

The Accountant-General of the Federation, Mr. Ahmed Idris, made the pledge of  support when he received in audience at the Treasury House, Abuja,  the management team of the FMBN led by the Managing  Director/ Chief Executive, Arc. Ahmed Musa Dangiwa.

Mr. Idris described as gratifying the recent efforts of the bank  to deploy ICT in managing its operations especially with  regards to its contribution to the National Housing Fund (NHF) which are contributed by public servants across the nation.

“Leaveraging on our experiences in the implementation of the  nations public finance reforms, which has been largely ICT driven and which has been widely acclaimed as successful, we will be ready to provide the needed support and guide in helping you achieve this all important step, which I believe will bring renewed confidence to your customers and contributors”  the AGF emphasized.

He   further explained that the IPPIS platform on which the payment are carried out is constantly being improved to meet all the staff needs as it captures details of deductions and contributions made on the salary of staff, assuring that the Office will do all it can to  assist the mortagage bank ensure transparency in handling the NHF, which is 2.5% of the basic salary of contributors. “The  synergy that has existed between us would be depened for the mutual benefit in our organisation” the AGF maintained.

Earlier, the Managing Director/ Chief Executive Officer of the FMBN, Arc. Ahmed Musa Dangiwa  expressed his appreciation to the Account-General of the Federation for what he described as “the smooth operation” of the Treasury Single Account and other reforms being implemented by the Treasury since Mr. Ahmed Idris assumed the saddle of leadership at the Treasury.

He called for more collaborations with the FMBN to enable them succeed in delivering their mandate.