L
LequteMan
Guest
According to Governor of Nigeria's apex bank, Godwin Emefiele, President Muhammadu Buhari didn't exempt any MDA from remitting to the Treasury Single Account.
President Buhari had ordered that government accounts with commercial banks be moved into a Treasury Single Account (TSA) where government revenues would be remitted henceforth.
There've been reports that Buhari had exempted 12 agencies from remitting into the account for specific reasons. - Buhari Exempts 12 MDAs From Complying With Treasury Single Account Policy [SEE LIST]
However, after the CBN's MPC meeting on Tuesday Emefiele said "no organisation has been exempted from the TSA," Reuters reports.
He also warned that Nigeria might slip into recession next year unless measures were taken to boost growth in the country.
President Buhari had ordered that government accounts with commercial banks be moved into a Treasury Single Account (TSA) where government revenues would be remitted henceforth.
There've been reports that Buhari had exempted 12 agencies from remitting into the account for specific reasons. - Buhari Exempts 12 MDAs From Complying With Treasury Single Account Policy [SEE LIST]
However, after the CBN's MPC meeting on Tuesday Emefiele said "no organisation has been exempted from the TSA," Reuters reports.
He also warned that Nigeria might slip into recession next year unless measures were taken to boost growth in the country.
