The Federal government yesterday implemented the e-collection of government receipts into the country’s Single Treasury Account, TSA.
This follows President Muhammadu Buhari’s directive ordering all federal ministries, departments and agencies (MDAs) to remit all government revenue into the Treasury Single Account (TSA).
The Head of Service, Mr. Danladi Kisali, in a circular released yesterday, explained that the president’s directive was aimed at aiding transparency and facilitating compliance with Sections 80 and 162 of the constitution.
Accordingly, Buhari, Kisali said, has directed that all receipts due to the federal government or any of her agencies shall be paid into the TSA as follows: Account Name: Accountant General (Federal Sub-Treasury), Account No. 3000002095 maintained in the Central Bank of Nigeria (CBN), except otherwise expressly approved.
