Seven notable messages from House of Reps TSA investigation

the Bamidele Salaam -led House Committee on Public Accounts in November 2023 initiated an investigation the Bamidele Salaam -led House Committee on Public Accounts in November 2023 initiated an investigation into the activities and operations of the Federal Government’s Treasury Single Account initiative and Remita, the payment gateway deployed by the Central Bank of Nigeria to power the TSA .

Since inception in 2015 under the Buhari regime, the government has received payments to the tune of a whooping 34 trillion Naira through the TSA. It is the first time the country is able to have visibility and account for its cash assets in real time. This was impossible before 2015 when different MDAs operated about 20,000 accounts in different banks with many things happening behind the scenes.

Surprisingly the Accountant General of the Federation could not provide answer to why this is till the case, eight years after government initiated the TSA policy.The House of Reps investigations seems to have finally laid the issue of the fee paid to the TSA service providers to rest. This was confirmed to be N150 flat+VAT for all payments irrespective of the amount being paid.

As Nigeria continues to focus on the digital creative sector, YouTube has revealed that more still needs to be done. The streaming platform revealed that the digital creative space contributed less than five per cent.... As Nigeria joined the rest of the world to mark the 2024 World Health Day yesterday, Coordinating Minister of Health and Social Welfare, Prof. Muhammad Ali Pate, reassured the Federal Government’s commitment to advancing the well-being of Nigerians.

House Of Reps TSA

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