The Permanent Secretary, Special Duties at the Federal Ministry of Finance, Budget and National Planning, Dr. Muhammed Dikwa, on Thursday disclosed that Federal Government had saved N594.09 billion from the implementation of the Whistle Blowing Policy since its inception in 2016. Dikwa gave this hint while speaking at a workshop on the overview of whistle […]
Tag: Treasury Single Account (TSA)
ACCA Grants Nigeria’s OAGF Global Approved Employer Status
The Association of Chartered Certified Accountants (ACCA) has awarded the Office of the Accountant-General of the Federation (OAGF) the status of an ACCA Global Approved Employer. The award was presented to the Accountant-General of the Federation, Ahmed Idris FCNA, at a brief, but very impressive ceremony in his office in Abuja. The Global Chief Executive […]
Treasury Single Account Transactions’ Value Hits N13.5Trn
The Central Bank of Nigeria (CBN) on Friday reported that total transactions value since the migration of the Federal Government Ministries, Departments and Agencies (MDAs) accounts to the Treasury Single Account (TSA) in 2016 stood at N13.5 trillion. This is even as it noted that the monetary policy initiative also led to positive growth in […]
New TSA Tariff Model Shifts Transaction Charges To Payers
The Federal Government has approved a new Treasury Single Account (TSA) tariff model which transfers the payment of the one percent service charge into the TSA to payers. The fiscal measure was one of the major highlights of the newly approved TSA tariff model unveiled at a one-day stakeholders’ sensitisation exercise on TSA e-Collection charges […]