How FG Saves N24.7b Monthly Through TSA Implementation – Buhari
The federal government now saves N24.7 billion monthly since the implementation of the Treasury Single Account (TSA), President Muhammadu Buhari has said.
Buhari, who spoke while declaring open the 2018 edition of the e-Nigerian Conference at the International Conference Centre, Abuja, said recently about N1.6 billion was recovered from one single account through the TSA.
According to him, the Integrated Payroll and Personnel Information System (IPPIS) and the Bank Verification Number (BVN), has strengthen his administration’s commitment on the fight against corruption, and has also helped to save for investment in infrastructure and other sectors of the economy
His words: “These policy initiatives reinforce this administration’s fight against corruption by ensuring transparency and accountability in government business transactions,”Buhari said on the occasion which was attended by the Ministers of FCT, Justice, Sports, Communications, Works, Housing and Power as well as Service Chiefs and other top government officials.”