Treasury Single Account
N2.81t unremitted funds shows failure of TSA, lack of transparency – Experts
With the revelation that N2.81t is unremitted or being held back by Government-Owned Enterprises (GOEs), the Federal Government has unwittingly exposing its stark failure on fiscal transparency and sheer lack of willpower to enforce extant fiscal rules, so says development experts.
Nigerians kicked PDP out due to endemic corruption – Buhari
President Muhammadu Buhari has identified glaring endemic corruption that engulfed the country prior to the emergence of the All Progressives Congress led-government as one of the factors responsible for his victory in the 2015 presidential election. The president stated this when he declared open the Corruption Risk Assessment training for heads and senior officials of…
2019: Between ease of doing business and ease of doing fraud
Election campaign begins tomorrow, November 18, ninety days to the vote, and something of great interest to citizens and international observers alike is what kind of contest to expect. There is no gainsaying that this is an immensely important election. Apart from the fact of the stark choice of either going forward or backwards; choice…
FG begins new TSA tariff regime today
Effective today, November 1, the Federal Government will begin a new service charge through the Treasury Single Account (TSA) on all payments to its ministries, departments and agencies (MDAs). The charges would be borne by the payer. Office of the Accountant General of the Federation (OAGF), Ahmed Idris, disclosed this yesterday in Abuja. The OAGF…
On the crisis of TSA ownership…
The Treasury Single Account(TSA) has been a major talking point in the Nigerian political sphere for the past two years. The ongoing debates in the country concerning the TSA have culminated in the Accountant-General of the Federation declaring an audit of the system. This followed the order given by a House of Representatives ad-hoc committee…
Whistleblower: A successful FG’s initiative, says Adeosun
According to Adeosun, as at July, over 5,000 reports have been made through various reporting channels, 365 actionable tips are received out of the 5000 reports.
NPA, Intels disagree over non-remittance of $200m revenue
Responding to inquiries on the matter, the NPA in a letter addressed to the Chairman, Senate Committee on Marine Transport dated January 16, 2017, claimed that about $100 million (which has increased to $200 million) was yet to be remitted to its account.
TSA grows to N5.2tr, government lists gains, challenges
Following the commencement of the Treasury Single Account (TSA) in September 2015, the sum has grown into N5.224 trillion as at February 10, 2017.
FG recovers 40 new SUVs from former permanent secretary
The Federal Government says it has recovered 40 brand new SUVs and other vehicles from a former Permanent Secretary who single-handedly appropriated the vehicles to himself when he left office.