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    Home » Akwa Ibom Government Officially Implements Treasury Single Account
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    Akwa Ibom Government Officially Implements Treasury Single Account

    Ofonime HonestyBy Ofonime HonestyJanuary 2, 20261 Comment17 Views
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    The Akwa Ibom State Government, under the leadership of Governor Umo Eno, has formally adopted a Treasury Single Account (TSA) system for all state revenues, effective from today, January 1, 2026.

    The announcement was made by the Governor during his New Year State-wide broadcast. The TSA policy is a central pillar of the state’s 2026 “People’s Budget of Consolidation and Expansion,” aimed at enhancing fiscal transparency and accountability.

    Governor Eno decisively declared that “the Treasury Single Account for the payment of all Government Revenues takes effect from today, January 1st 2026”, adding that “the era of MDAs generating and spending funds outside the TSA is over.”

    He emphasised strict compliance, directing all Ministries, Departments, and Agencies (MDAs) to adhere to the implementation guidelines already issued. The Governor added a stern warning: “I must also say that there will be consequences for defaulters.”

    According to him, the consolidated system will ensure all government expenditures are made from a single source as approved in the annual budget, thereby plugging revenue leakages and strengthening fiscal discipline.

    The address detailed plans across multiple sectors, including agriculture, revealing the administration’s plan to “launch our Tree Crop Revolution to empower farmers across all Local Government Areas to create generational wealth and strengthen our rural economy.”

    He further committed to intensifying rural development, promising to complete all ongoing projects under the ‘one-project-per-local-government’ initiative with strict accountability.

    On infrastructure, Governor Eno reported significant progress, noting that “over 1000 kilometres of roads are either completed or ongoing,” with new projects scheduled for 2026 sourced directly from community-submitted NEEDS Documents.

    He also extended gratitude to security agencies for maintaining peace, which he called the “first responsibility of government.”

    Highlighting social investments, the Governor pointed to results in education and healthcare, including newly constructed model primary schools, the commissioned Ukanafun General Hospital, and the ongoing construction of the 350-bed Ibom International Hospital.

    He reaffirmed that “compassion remains central to our governance blueprint,” citing the delivery of 335 ARISE Compassionate Homes and the reduction of the inherited gratuity backlog by over ₦76.6 billion.

    The administration’s economic diversification drive through tourism also featured prominently.

    Key projects slated for 2026 include the commissioning of the ARISE Palm Resort, advances on the 5,000-capacity Ibom International Convention Centre, and the completion of the 200-bed Ibom Hotels.

    Governor Eno also expressed optimism for the commencement of international operations at the upgraded Victor Attah International Airport by April, confirming that the Ibom Deep Seaport project remains on course.

    Eno urged political unity as the electioneering season approaches, calling on leaders and citizens to “reject violence and divisionary tendencies” and embrace the politics of ideas and the common good.


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