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TSA: FG Generates N10trn From 1,674 MDAs

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...

TSA Director Raises Alarm, Says MDAs Operating Illegal Accounts

TSA Director Raises Alarm, Says MDAs Operating Illegal Accounts The Director, Treasury Single Account, Sylva Abor, has said that some Federal Ministries, Departments and Agencies are still operating illegal accounts outside the TSA. He explained that few MDAs were given exemptions on certain grounds by the...

Buhari: N24bn Saved Monthly By FG Through TSA, Others

Buhari: N24bn Saved Monthly By FG Through TSA, Others   The Federal Government is saving a total of N24.7bn per month as a result of the implementation of the Treasury Single Account and the elimination of ghost workers from the civil service, President Muhammadu Buhari, has...

FG Incurred N16bn Transaction Costs On TSA, Says AGF

FG Incurred N16bn Transaction Costs On TSA, Says AGF The Federal Government has within the last two years incurred a total amount of N16bn as transaction costs on the Treasury Single Account (TSA). The Accountant-General of the Federation, Ahmed Idris, disclosed this on Sunday in Abuja. A...

TSA Forced NNPC To Close Over 2000 Bank Accounts

TSA Forced NNPC To Close Over 2000 Bank Accounts     The introduction of the Treasury Single Account (TSA) in August 2015 reduced the number of accounts managed by the Nigerian National Petroleum Corporation (NNPC) from over 2000 to a little under 200, the corporation’s chief financial...

Accrued Revenue To TSA Hits N8.9trn

Accrued Revenue To TSA Hits N8.9trn     The Treasury Single Account (TSA) has yielded over N8.9 trillion revenue, the Minister of Finance, Mrs. Kemi Adeosun, said yesterday. She spoke at the investigative public hearing into the TSA by the House of Representatives. The minister was represented by the...