President Muhammadu Buhari has said that the Treasury Single Account, TSA, policy re-introduced by the Federal Government is aimed at enhancing accountability, transparency and improving revenue in the country.

President Buhari made the remarks on Saturday at the combined convocation ceremony of the Abubakar Tafawa Balewa University, Bauchi, where he said the seeming challenges accompanying the implementation of the policy by MDA's especially tertiary institutions, should be seen as a teething problem that will gradually vanish as the policy takes root.

He warned students to shun cultism and other social vices, but rather should imbibe the culture of dimpling and respect for constituted authorities.

"For the graduating students, a turning point in your journey is marked today by this event. The country expects nothing from you beyond what you can offer but you must offer the country your best at all times and not disappoint your parent, teachers and society, he added.

In his address, ATBU Chancellor who is also the Ewi of Ado Ekiti, Oba Rufus Adeyemo Adejugbe urged the Federal Government to expand the capacities of the Universities in order to accommodate more students.

He said campuses have an increasing growth in number based on students admitted yearly, saying the admission capacity for all our Universities, is far below the quantum of youth passing their entry examinations.

"Very few parents can afford to send their children to private universities, hence the abundant talents who find themselves unable to attain university education is a list to the nation, I therefore urge stakeholders to urgently find both short and long term solutions to this growing problem.

Oba Adejugbe who lamented unavailability of job in the country enjoined the graduants to look inwards of becoming self reliant in order to contribute to the technological and economic development of the country.

Earlier, the Vice Chancellor, Professor Saminu Ibrahim, in his address said the institution has graduated a total of 8,127 students with 845 of the graduants for diplomas, 5577 for first degrees, 1620 for PGD/Masters and 85 for Ph.Ds. "Out of the 5,577 first degree graduants, 32 obtained first class.

1,203 got second class upper, 2,702 obtained second class lower while 1,481 got third class and 136 obtained pass," he said Professor Ibrahim said that the institution had recorded a lot of achievements despite all the challenges.