TSA Enforcement Begins Tomorrow

After 48 years of non-compliance, all ministries, departments and agencies (MDAs) of government shall in the next 24 hours commence implementation of the Treasury Single Account (TSA), in line with the directive of the federal government.

It will be recalled that President Buhari set Tuesday September 15 as deadline for the full implementation of his directive that all revenue due to the federal government or any of its agencies must be paid into the TSA or designated accounts maintained and operated in the Central Bank of Nigeria (CBN), except otherwise and expressly approved.

Already, to ensure quick compliance with the directive, the head of service of the federation, Danladi Kifasi had given the federal sub-treasury account name and number as Accountant General: 300002095.

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