The aim of the Treasury Services Department is to ensure efficient liquidity, revenue enhancement and risk management for the State.  The responsibility for Treasury operations include:

• Revenue Enhancement
• Effective revenue collection mechanism
• Development of database
• Revenue Monitoring and Reconciliation of Consolidated Revenue Fund
• Attending FAAC for the collection of revenue due to the state government
• Sensitization of stakeholders on the needs to enhance revenue generation.

• Cash Management
  • Bank statement processing – Inflows
  • Bank statement processing Outflows
  • Cash Pooling
  • Medium-term Cash Forecast
  • Short Term Cash Forecast

• Treasury Management
  • Management of Deposits and debts
  • Interest Planning
  • Management of Treasury Cash offices in the eighteen (18) Local Government Areas (LGAs).

• Investment in Shares
  • Payment of retention fees
  • Collection of Operating surpluses, Directors Fees, Dividends etc
  • Repayment of Interest on loans
  • Payment to Non-Self Accounting MDAs and contractors
  • Collection and custody of Share Certificates, Loan Agreements
  • Periodic Monitoring of Government fully/partially owned Companies

• Forex Management and Letter of credit
  • Tangible (Goods)
  • Intangible (Services)

• Preparation of monthly statements of accounts and transcripts
• Collection, checking and reconciliation of bank statements periodically.
• Update and reconcile the Accounts Payable and Receivable.