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We’ll Assist FMBN to realise its mandate – AGF

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

Mr. Idris gave this assurance recently when he received in audience the management team of the bank at the Treasury house in Abuja led by the Managing Director/ Chief Executive, Arc. Ahmed Musa Dangiwa.

The nation’s treasury boss, 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.

“Leveraging on our experiences in the implementation of the nation’s 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 mortgage 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 deepened for the mutual benefit in our organisation” the AGF maintained.

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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 collaboration with the FMBN to enable them succeeds in delivering their mandate.


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