Gambia scores Nigeria’s TSA policy high

A delegation from Gambia has described Nigeria’s Treasury Single Account (TSA) model as best globally.

The visitors, who are on two-week tour of the country to understudy the policy, noted that the move was informed by the International Monetary Fund’s (IMF) prescription of the initiative to other nations.

Team leader and the West African country’s Accountant General, Momodou Lamin Bah, gave the high rating in Abuja.

The Gambian treasury chief spoke when they paid a courtesy call on the Accountant General of the Federation, Idris Ahmed, to intimate him on the choice of the Nigeria’s model.

He said:” We have commenced the implementation of the TSA in The Gambia and it is supported by the IMF and the European Union. We are here because Nigeria has become a reference point in TSA issues. Even the IMF is running an online course on TSA using the Nigerian model as a reference point to plug leakages in their financial systems.”