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TREASURY SINGLE ACCOUNT
The Public Accounts Committee of Nigeria’s House of Representatives has directed financial technology firm, Remita, to refund a total of N182.77 billion allegedly withheld from the Treasury Single Account (TSA) since 2015.
The National Universities Commission (NUC) recently announced a significant policy shift regarding the financial management of federal universities and research institutions; as the federal government ordered that third-party research grant funds for federal universities and research institutions be kept out of the Treasury Single Account.
The FG has announced that Nigeria now saves about N45 billion monthly in interest payments, since the implementation of the TSA.
Nigeria has signed a Memorandum of Understanding (MOU) with the Gambia on Treasury Single Account (TSA) Implementation.
Mohammed Dikwa, a Permanent Secretary, has disclosed how President Buhari's administration saved N1 trillion.
Effects of TSA implementation policy
FG takes measure on Treasury Single Account's transaction costs.
The Nigerian Police Force announced it has traced $470.5 million belonging to NNPC Brass LNG.
The Accountant-General of the Federation, Ahmed Idris, has revealed that total revenue of ₦8.9 trillion from Ministries, Departments and Agencies...
The Accountant- General of the Federation, Ahmed Idris has disclosed that the Treasury Single Account (TSA) recently initiated...