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.

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…

Former president, Dr. Goodluck Ebele Jonathan’s book My Transition Hours launched the other day to coincide with his 61st birthday is a welcome literary contribution to the record of public service at the highest level in Nigeria. We congratulate Jonathan on his birthday. We also commend him for ‘putting pen to paper’ to give account…

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…

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…

The Nigerian government has said that the service charge on all payment to its ministries, departments and agencies [MDAs] into Treasury Single Account would be borne by the payer. The new regime is expected to begin on November 1, 2018. This was revealed at the recently concluded One-Day Stakeholder Sensitisation Exercise on TSA e-Collection Charges…

The House of Representatives yesterday queried the deposits of $4.9 million and N1.5 billion by Minister of the Environment, Ibrahim Usman Jibril, with Stanbic-IBTC Bank Plc in defiance of the treasury single account (TSA) policy. An ad-hoc committee of the House headed by Abubakar Nuhu Damburam, probing the implementation of the TSA account, summoned the…

President Muhammadu Buhari was elected in 2015 after emphasising his track record of tackling corruption, and his pledge to stop public officials from looting the country’s treasury, after he rightly declared: if we don’t kill corruption, this corruption will kill us.

Since its full implementation in 2015, the Treasury Single Account (TSA) remains one of the current administration’s greatest accomplishments which the leading figures in this government do not fail to boast about at every opportunity they get. Truly, without meaning to take away from the feat TSA represents in a country like ours, it is…

President Muhammadu Buhari yesterday said his administration would not tolerate mediocrity from any public or private citizens, but would do what it takes to reward excellence.

The House of Representatives yesterday quizzed the managing director of the Stanbic IBTC bank, Mr Demola Sogunle as to why operated an Hyprep account of over N1 billion belonging to the Federal ministry of Environment allegedly in breach of the treasury single account (TSA) policy. The House, via, it's Mr Abubakar Nuhu Damburam led ad-hoc…