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Nigeria Aviation Crisis: FG's 50% TSA Contribution Sparks Industry Panic
The Nigerian government has raised the contribution of aviation agencies to the Treasury Single Account from 40% to 50%, causing unrest among industry stakeholders. The policy threatens operational sustainability and safety standards, prompting calls for exemptions from the increased remittance...- Nigeria News
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- nigerian aviation agencies treasury single account tsa
- Category: Business
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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...- Nigeria News
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- 1 min read
- bola tinubu fiscal policy government finance igr revenue management treasury single account tsa wale edun
- Category: Business
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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...- Nigeria News
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- 1 min read
- 40% igr for universites bola tinubu educational funding minister of education tahir mamman tsa
- Category: Politics
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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...- Nigeria News
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- 1 min read
- bola ahmed tinubu nyesom wike tsa
- Category: Politics
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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...- siteadmin
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- nigeria news today 250118 tsa vanguard newspaper
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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...- ProfRem
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- church of the lord prayer fellowship ghost workers tsa yemi osinbajo
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- Forum: Business News Links
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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 -...- ProfRem
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- economic confidential faac federal allocation nigeria news nigerianbulletin tsa
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- Forum: Business News Links
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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...- ProfRem
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- abubakar malami agf mtn nigerian senate tsa
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- Forum: Business News Links
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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...- ProfRem
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- dss efcc fraudsters office of the accountant general tsa
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- Forum: Metro News Links
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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...- ProfRem
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- buhari nass national assembly tsa
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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...- ProfRem
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- asuu faggae tsa university
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- Forum: Metro News Links
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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...- ProfRem
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- economy lecturers ssanu tsa
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- Forum: Metro News Links
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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...- ProfRem
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- apc cbn pdp remita sanusi tsa
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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...- ProfRem
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- economy facts lai mohammed tsa
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- Forum: Metro News Links
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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...- ProfRem
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- central bank gvernment melaye sarski tsa
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- Forum: Political News Links
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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...- ProfRem
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- remita systemspec tsa
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- Forum: Metro News Links
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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...- ProfRem
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- fayose remita tsa
- Replies: 5
- Forum: Political News Links
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