treasury single account

  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...
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    Politics The Sun begs Osinbajo over fake news on N10bn withdrawal from TSA – P.M. News
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    Politics FG declares N1.689b as public support donations for COVID-19 – The Guardian Nigeria News
  4. Nigeria Political News

    Politics PMB Orders Sale Of Seized Assets – Leadership Newspaper

    President Muhammadu Buhari has ordered the sale of all assets that were recovered from alleged corrupt public officials, and the proceeds remitted into the federal government-owned Treasury Single Account (TSA). The federal government, through its anti-graft Economic and Financial Crimes...
  5. Nigeria Political News

    Politics Buhari’s Cabinet Members Still Operating Bank Accounts Not Linked To TSA – Maina – Nairaland

    Former chairman of the Pension Reforms Task Team (PRTT), Abdulrasheed Maina, has resurfaced with corruption allegations against serving officials in the administration of President Muhammadu Buhari. Mr Maina, a fugitive declared wanted by the Economic and Financial Crimes Commission (EFCC)...
  6. Nigeria Business News

    Business This is why FG no longer wants to bear cost on TSA – Nairametrics

    The Accountant-General of the Federation, Ahmed Idris has disclosed that the Federal Government has within a period of two years incurred a total of N16 billion as transaction costs on the Treasury Single Account (TSA). In a statement issued by the Director of Press, Office of the...
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    Politics We Didn’t Introduce TSA, We Enforced It – PMB – Leadership Newspaper

    President Muhammadu Buhari yesterday, in Abuja, said his administration remains focused and energised in ensuring accountability in the country, noting that enforcing the Treasury Single Account (TSA) was not optional for growth. Receiving executives of the Association of National Accountants...
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    Buhari Tackles Jonathan over TSA –

    President Muhammadu Buhari has come for former President Goodluck Jonathan again, saying the Treasury Single Account only existed as an idea under the previous administration instead of using it to block financial leakages. President Buhari made the disclosure in Abuja on Monday at the opening...
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    Business Court Orders 7 Banks to Remit $793.2m Hidden by Unknown Govt Officials

    Seven commercial banks in the country have been ordered by a Federal High Court in Lagos to temporarily remit a total of $793, 200, 000 allegedly hidden with them in contravention of the Federal Government’s Treasury Single Account, TSA, policy. The presiding judge, Justice Chuka Obiozor...
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    Business FG Close Down 20, 000 Accounts, Diverts N5.24tn Into TSA

    Since the commencement of the Treasury Single Account in September 2015, over 20,000 accounts with Deposit Money Banks belonging to Ministries, Departments and Agencies have been closed with a total sum of N5.24tn moved into the TSA. The Accountant General of the Federation, Ali Ahmed Idris...
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    Politics Kaduna: El-Rufai Launches TSA Operations Manual

    Kaduna state governor Nasir el-Rufai has launched the Treasury Single Account, TSA, Operations Manual. In a statement released on Thursday in Kaduna by his spokesperson Samuel Aruwan, the manual records the experience of Kaduna State in implementing the Treasury Single Account. The launch of...
  12. Temitope

    Business CBN Injects Fresh Dollars Into Nigeria's Economy

    The Central Bank of Nigeria on Friday injected dollars into the market after a downtime in foreign exchange trade for a few days, PM News reports. This development was announced on Saturday by the Bola Onadele, the managing director of the FMDQ, a regulator comprising Nigeria's main...