- The Accountant General of the Federation, Alhaji Ahmed Idris, yesterday said the Treasury Single Account (TSA) is a cash planning and management tool that has helped the country to reduce inflation rate, saying cash inflow into the account has hit N4.36 trillion.
- Idris who revealed this at a workshop with the Theme,” Operation, Implementation and Challenges of Treasury Single Accounts” organised by Institute of Chartered Accounts of Nigeria (ICAN) in Lagos said the country lost a whooping sum of N70 billion to failed banks in 2011 when the country was not operating TSA system.
- Source: Thisday
Nigeria Now Has About N4.3 Trillion in TSA Funds
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