All monies accruing to the Federal Government will henceforth be remitted into a Treasury Single Account (TSA), it was learnt yesterday.
Vice President Prof Yemi Osinbajo, who broke the news in a statement by his media aide, Mr. Laolu Akande, said President Muhammadu Buhari directed all Ministries, Departments and Agencies (MDAs) to be paying into the TSA all government revenues, incomes and other receipts.
The MDAs include: Central Bank of Nigeria (CBN); Security and Exchange Commission (SEC); Corporate Affairs Commission (CAC); Nigerian Ports Authority (NPA); National Communications Commission (NCC); Federal Aviation Authority (FAAN) and Nigerian Civil Aviation Authority (NCAA).
Others are: Nigerian Maritime Administration and Safety Agency (NIMASA); Nigerian Deposit Insurance Corporation (NDIC); Nigerian Shippers Council (NSC); Nigerian National Petroleum Corporation (NNPC); Department of Petroleum Resources (DPR); Federal Inland Revenue Service (FIRS); Nigerian Customs Service (NCS) and Ministry of Mines and Steel Development (MMSD). Read more
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