FCTA Inaugurates Committee On Recovery Of N29bn Debt In order to improve revenue generation accruing into the coffers of the Federal Capital Territory Administration (FCTA), the permanent secretary, Mr. Adesola Olusade, has inaugurated a coordinating committee on the Recovery of Outstanding Ground Rents of N29,...

TSA: FG Compiles List Of Erring Banks, MDAs For Sanction   In addition, the federal government has ordered all banks still holding on to government funds “to transfer all remaining balances in the accounts of Federal Government owned MDAs in their custody without express exemption to...

FG Approves TSA Restructuring For Cash Mobilisation   The finance minister also said that the President had given an interim approval for the restructuring of the Treasury Single Account in order to better mobilise cash donations from the people and corporate bodies across the nation. The restructuring,...

After Faulting Presidential Panel, NNPC Restates Commitment To Transparency, Due Process   The Nigerian National Petroleum Corporation (NNPC) yesterday restated its commitment to transparency and due process, especially with regard to an alleged breach of Treasury Single Account (TSA) policy. Special Presidential Investigative Panel for the Recovery...

As TSA Implementation Swells FG’s Account   The implementation of the Treasury Single Account since 2015 has redefined the revenue generation and savings of the federal government. Last week, the federal government announced that the country saved as much as N10 trillion through the implementation of Treasury...

TSA: FG Generates N10trn From 1,674 MDAs Since the start of the implementation of the Treasury Single Account in 2012, the Federal Government has collected over N10trn from 1,674 Ministries, Departments and Agencies. The TSA initiative, which is one of the public financial management reforms, had...