TSA

UNICAL Fraud: It’s time to quickly fill the voids in TSA

UNICAL Fraud: It’s time to quickly fill the voids in TSA

Since its full implementation in 2015, the Treasury Single Account (TSA) remains one of the current administration’s greatest accomplishments which the leading figures in this government do not fail to boast about at every opportunity they get. Truly, without meaning to take away from the feat TSA represents in a country like ours, it is proper to also bring to public attention some areas where its managers seem to consistently either overlook or ignore. One of such areas is in the aspects of monitoring.
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TSA: Prized national asset yearning for ownership

TSA: Prized national asset yearning for ownership

Central to the growth of every economy is proper management of funds and transparency, especially on the part of the government. Nigeria’s notoriety in this regard brought the country to the state of near-economic-collapse, but for the timely introduction of new policies that have salvaged the situation and helped the nation stay afloat.

Alleged unrecovered TSA funds: We have no hidden accounts – NNPC

Alleged unrecovered TSA funds: We have no hidden accounts – NNPC

The Management of the Nigerian National Petroleum Corporation, NNPC yesterday provided an informed perspective to the trending media report alleging that the Corporation colluded with some banks to prevent the remittance of $793.2m into the Treasury Single Accounts, (TSA), scheme as directed by the Federal Government.

Court orders banks to remit $793m TSA funds

Court orders banks to remit $793m TSA funds

lagos—A Federal High Court sitting in Lagos, yesterday, ordered seven commercial banks in the country to temporarily remit a total of $793.2 million allegedly hidden with them in contravention of the Federal Government’s Treasury Single Account, TSA, policy.

Revisiting the TSA’s gains…

Revisiting the TSA’s gains…

In a recent report published by a national daily, the Treasury Single Account (TSA) policy was listed among the 11 key reforms that block corruption in the Nigerian civil service. It was one of the initiatives credited with saving the government billions of naira monthly and promoting service efficiency.