Tag: TSA
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FG excludes universities, research grants from TSA
The Federal Government has directed the exclusion of third-party research grant funds of federal universities and research institutions from the Treasury Single Account (TSA).
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LG autonomy: FG will soon instruct 774 LGs, FCT councils to hook up to TSA within 90days
Following the Supreme Court’s interpretation regarding the full autonomy of Local Governments (LGs), it is important to recognize that LG accounts are currently not linked to the Federal Government’s Treasury Single Account (TSA) as mandated. The Federal Government will, in due course, instruct the 774 Local Government Areas (LGAs) across the federation to open or…
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FCTA pulls out of Treasury Single Account
The Federal Capital Territory Administration (FCTA) has been pulled out from the Treasury Single Account (TSA).
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Katsina governor orders implementation of TSA
T he Katsina State Governor, Malam Dikko Radda has announced the commencement of Treasury Single Account (TSA) in the state with immediate effect. The governor in a circular issued on Monday in Katsina tagged, ‘Treasury Single
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Buhari approves partial exclusion of MOFI from TSA
President Muhammadu Buhari on Tuesday in Abuja approved the partial exclusion of the Ministry of Finance Incorporated (MOFI) from the Treasury Single Account (TSA). Buhari also granted the request of the Board of MOFI to charge management and transaction fees; and the inclusion of the Minister of Power in the Governing Council.
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N109b fraud: FG faults IPPIS, GIFMIS, TSA, sets up committee for review
The Nigerian government has admitted it did not follow established standards in the deployment of the Integrated Payroll and Personal Information System (IPPIS), Treasury Single Account (TSA) and the Government Integrated Financial Management System (GIFMIS). Minister of Communication and Digital Economy Isa Pantami, disclosed this on Friday in Abuja, said the systems failed to comply…
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N109bn fraud: How suspended AGF, Ahmed Idris compromised TSA, GIFMIS, IPPIS for personal gains
Fresh facts have emerged on how the suspended Accountant-General of the Federation, Ahmed Idris compromised the Treasury Single Account (TSA), Government Integrated Financial Management Information System (GIFMIS), Integrated Payroll and Personnel information system (IPPIS) and carted away billions of naira belonging to the government.
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FG weeds 70,000 ghost workers from federal civil service
The federal government of Nigeria says it has expunged no fewer than 70,000 ghost workers from the payroll of the federal civil service. TheNewsGuru.com (TNG) reports Director-General, Bureau of Public Service Reforms (BPSR), Dr Dasuki Arabi made this known on Thursday.
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Buhari speaks: Why we introduced Single Treasury Accounts for MDAs
President Muhammadu Buhari has explained why the Treasury Single Account was opened by his administration. According to the President, the TSA was opened to address irregularities, ensure accountability, curb the incessant number of accounts and enable the tracking of all government revenues. Buhari disclosed this on Tuesday at the third National Summit on Diminishing Corruption…
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Buhari boasts: With eNaira, TSA, BVN, others we’ve created lot of comforts for investors
President Muhammadu Buhari Tuesday in Riyadh, Saudi Arabia, said initiatives to drive the digital economy and fight corruption in the country should give investors “a lot of comforts”. Among the initiatives mentioned by the president are e-Naira, Treasury Single Account, Bank Verification Number, and National Identification Number. Speaking at the fifth Edition of Future Investment…