United Global ResolveFor Peace (UGRFP) has alleged impunity and by-passing of due process in awarding the TreasurySingle Account (TSA) contract to a private company, SystemSpecs, by the Central Bank of Nigeria (CBN).

Imo State governor Emeka Ihedioha Tuesday said the state will close over 250 revenue accounts operated by the past as administrations in the state to pave way for implementing Treasury Single Account. About 150 of the accounts were opened in Zenith Bank. "So I will sign the Executive Order...for the TSA to begin immediately," Ihedioha…

The Office of the Accountant General of the Federation (OAGF) has assured Nigerians that it would reduce the charges they pay for their Treasury Single Account...

The four-year-old administration of President Muhammadu Buhari, at its outset in May 29, 2015, came with high hopes. It rode under the mantra of “Change”. Reports also had it that there were promises of improving the fortunes of the local currency to appreciable exchange value of $1 to N1. Generally speaking, it was a hope…

The Federal Government yesterday said Remita, a SystemSpecs Limited’s financial solutions provider, was selected as gateway technology for the Treasury Single Account (TSA) after series of deliberations at various stages. Director of Finance, Ministry of Foreign Affairs, Salawu Zubairu, stated this during a training session for a delegation from the Gambia, chaired by Director of…

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

The House of Representatives yesterday alleged that the sum of $995.71 million was yet to be remitted to the treasury single account (TSA) by deposit money banks (DMBs) in defiance of the Federal Government’s directive.

Lai Mohammed. PHOTO: LUCY LADIDI[/caption4The Federal Government yesterday said it would be unfair for Nigerians to measure its achievements in the fight against corruption by the number of convictions secured. The Minister of Information and Culture, Lai, in a live television programme monitored by the News Agency of Nigeria (NAN) in Abuja, pointed out that…

United Global Resolve For Peace (UGRFP) has urged the Federal Government and the Central Bank of Nigeria (CBN) to review the exorbitant charges on Nigerians for the running of the Treasury Single Account (TSA).

United Global Resolve For Peace (UGRFP), a non-governmental organisation, has urged the Federal Government and the Central Bank of Nigeria (CBN) to as a matter of urgency review and reverse the exorbitant charges where Nigerians have to pay for the running of the Treasury Single Account (TSA). The NGO, also demanded that all erring agencies…

Less than two years ago, 18 months to be precise, the journey to review the 27-year-old law (Act cap N137 LFN 2004), Repeal re-enactment Bill 2017, which established the Nigerian Tourism Development Corporation (NTDC) started at a public hearing at the Senate in Abuja. The new bill, which seeks to replace the existing old law,…

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.