tsa

  1. Federal Mandate: Ministries Instructed to Remit 100% Internally Generated Revenue to New Treasury Account for Fiscal Transparency

    Nigeria Federal Mandate: Ministries Instructed to Remit 100% Internally Generated Revenue to New Treasury Account for Fiscal Transparency

    In a bid to bolster revenue generation and instill financial discipline, the Federal Ministry of Finance has directed all Ministries, Departments, and Agencies (MDAs) to remit their entire internally generated revenue (IGR) to the newly established Treasury Single Account (TSA). The circular...
  2. Tinubu Reverses 40% IGR Cut for Universities, Sparks Funding Debate

    Nigeria Tinubu Reverses 40% IGR Cut for Universities, Sparks Funding Debate

    President Bola Tinubu has declared the cancellation of the controversial 40% automatic deduction from the Internally Generated Revenues (IGR) of federal universities. The announcement was made during the 75th Founder's Day ceremony at the University of Ibadan, where Tinubu, represented by the...
  3. Tinubu withdraws FCT from Treasury Single Account, Establishes Civil Service Commission

    Nigeria Tinubu withdraws FCT from Treasury Single Account, Establishes Civil Service Commission

    In a significant development, President Bola Tinubu has decided to withdraw the Federal Capital Territory Administration (FCTA) from the Treasury Single Account (TSA). This decision allows the Nyesom Wike-led FCTA to access and utilize the internally generated revenue (IGR) of the territory for...
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    Politics Reps indict FG for poor ownership of TSA, call for change – Vanguard News

    The Chairman of the House of Reps Ad-hoc Committee on the Treasury Single Account (TSA), Abubakar Danburam Nuhu has indicted the Federal Government for poor ownership and handling of the TSA policy, even though it is frequently highlighted by the presidency as one of its greatest achievements...
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    Business FG Uncovers Fresh 5,000 Ghost Workers

    Vice President Yemi Osinbajo has revealed that the federal government has uncovered fresh 5,000 ghost workers in its efforts to sanitize the federal public service. He said yesterday at the 80th Tabieorar festival of the Church of the Lord Prayer Fellowship worldwide held at Mount Tabieorar...
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    Business FAAC: Breakdown of How Much President Buhari's Govt. Received in One Year

    President Muhammadu Buhari’s administration received a total of N2,203,573,573,563.25 from the Federation Account as allocation between June 2015 and May 2016. The report conducted by Economic Confidential reveals the following: - June 2015 – N173.91 - July - N412.60 billion - August -...
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    Business MTN Fine: Nigerian Senate Queries Malami For Opening A Special Account Despite TSA

    The Senate has accused the Minister of Justice and Attorney-General of the Federation, Abubakar Malami, for having ulterior motive in the payment of N50 billion by MTN, as part of fine imposed on it by the Federal Government for failure to deactivate 5.2 million unregistered subscribers on its...
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    Metro DSS Foils Plan to Steal N4.5bn from TSA

    The Department of State Services (DSS), yesterday, nabbed Internet fraudsters, working in collaboration with an employee in the Office of the Accountant General of the Federation (OAGF), to steal N4.5 billion realised from the Treasury Single Account (TSA). A statement issued in Abuja by the...
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    Politics TSA: Why We 'll Not Submit to Buhari's Policy - National Assembly

    Nigeria’s federal legislature yesterday said it would not be part of the Treasury Single Account (TSA) being implemented by President Muhammadu Buhari. Buhari had during last Wednesday’s media chat, said he was having challenge with the National Assembly over the TSA. “We are having problems...
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    Metro Exempt Universities From TSA, ASUU Urges FG

    The national Chairman of Academic Staff Union of Universities (ASUU), Nasir Faggae on Monday urged the Federal Government to exempt the nation’s universities from the Treasury Single Account (TSA). “We are convinced that the implementation of TSA in our universities is a clear violation of the...
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    Metro Our Economy Cannot Be Sustained With Generator-based Policy – SSANU

    The Senior Staff Association of Nigeria Universities (SSANU), yesterday, said that mass unemployment looms in the country following epileptic power supply that is hampering the operations of industries. National President of SSANU, Comrade Samson Ugwoke who raised the alarm at the SSANU 2015...
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    Metro [TrentOnline] Why Is The Emir Of Kano, Sanusi Silent On The N25 Billion REMITA Fraud?

    A letter has emerged alleging that the company; REMITA has written President Muhammadu Buhari, claiming that their contract with the federal government was approved by the past administration… Laughable I think! That letter is one of the cheapest coverups that this shameless administration has...
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    Metro 7 Facts and Figures About TSA - Lai Mohammed

    The Minister of Information, Alhaji Lai Mohammed, insisted on Tuesday that funds that have accrued to the Treasury Single Account remain intact, challenging anyone who has any fact and figure to the contrary to make such information public. He added: “For the sake of Nigerians at home and in...
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    Politics Senate Will Probe TSA, No Amount Of Intimatidation Will Stop Us - Saraki

    Senate president, Bukola Saraki, has vowed that no amount of intimidation will stop the National Assembly from investigating the alleged N25 billion Treasury Single Account (TSA) fraud. Mr. Saraki was reacting to a motion moved by Dino Melaye (APC-Kogi West) on Tuesday over a newspaper article...
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    Metro Those Who Can No Longer Steal Government Funds Are Behind Attacks On Us - REMITA

    John Obaro, Managing Director of SystemSpecs, a technology firm that has managed transactions for the Nigerian Government’s Treasury Single Account (TSA) has stated that those who would no longer be able to steal government funds were behind recent attacks on the firm. The company’s Remita...
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    Politics Treasury Single Account Of Buhari's Administration Is Fraudulent - Fayose

    Governor Ayodele Fayose of Ekiti state on Sunday promised not to attend the meeting called by the Federal Government with state governors on the Treasury Single Account, TSA, which he claims to be fraudulent activities to Nigeria and its people. The governor said this in a press statement...
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