12 Aug 2013

Non-compliance To Delay MDAs’ Salary

Ministries, Departments and agencies (MDAs) of government that are yet to comply with the CBN’s directive on the Nigerian Uniform Bank Account Number (NUBAN) may experience delay in payment of salaries of their personnel as the Accountant-General of the Federation, Mr Jonah Otunla has directed immediate compliance.


 The directive given in Abuja advised affected MDAs’ to update the bank details of their staff to avoid unnecessary delays in the payment of their salaries.

This directive was contained in a press statement signed by the Deputy Director, AGF’s Office, Mr Charles Nwodo, which was made available to LEADERSHIP in Abuja.

“Failure to comply may result in some delay in the payment of salaries, henceforth. “However, if any staff experiences any delay in the payment of his or her salary, he or she should confirm that the banking details have been accordingly updated and forwarded to IPPIS,” the statement said.

Recall that the CBN released the guidelines on the NUBAN scheme in August 2010, to achieve uniform numbering structure among all money deposited in banks in Nigeria within nine months.

NUBAN, according to the CBN, “has great potentials to resolve the observed problems with electronic payments in Nigeria, as many of them are related to specification of wrong beneficiary account numbers”.

The initial deadline was June 1, 2011, but it was extended by the CBN to June 1, 2012, at the expiration of the deadline and it was further extended to July 1, 2013.

Consequently, NUBAN became fully operational on July 1, 2013 and all banks were expected to have had the policy fully operational.

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