Business Nigeria: Accountant-General Ahmed Idris Reveals Balance of TSA

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LequteMan

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The Accountant-General of the Federation, Mr. Ahmed Idris has praised President Muhammadu Buhari's leadership quality, which he says is the major reason so much has been achieved with the implementation of the Treasury Single Account.

Highlighting the successes of the TSA , Mr. Idris revealed that the sum of N5.244 trillion has so far been realized as inflows in the TSA account following the moping -up and direct debits of Accounts by the Central bank of Nigeria.

“TSA implementation has taken us out of the Era of indiscriminate borrowings by MDAS and saved Government charges associated borrowing which amounted to about N4.7 Billion prior to full Implementation of TSA,” the AGF said.

He spoke at a two day retreat on the one year of the TSA implementation ( the benefits, challenges and way forward) organised by his office at the International Conference Centre Abuja from 14-15 February, 2017.
 

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