The federal government may have considered and approved the applications of 13 agencies which made a case to be exempted from complying with President Muhammadu Buhari’s directive to all federal parastatals to pay their revenues into the Treasury Single Account (TSA) domiciled with the Central Bank of Nigeria (CBN) by September 15.

A source said that several agencies of government had applied to the Office of the Accountant General of the Federation (OAGF), showing reasons why they should be excluded from the TSA in view of the peculiar nature of their operations.

It was learnt that of the several applications submitted by federal agencies for exemption, the OAGF only acceded to the requests of 13 agencies including the Bank of Industry (BoI), Power Holding Company of Nigeria (PHCN), Bank of Agriculture (BoA), Transcorp Hilton Hotel, Niger Delta Power Holding Company (NDPHC), Urban Development Bank (UDB), Nigerian Import-Export Bank (Nexim), Ajaokuta Steel Company, Federal Mortage Bank of Nigeria (FMBN), Nigerian Railways Limited, the Nigerian National Petroleum Corporation (NNPC), National Integrated Power Project (NIPP) and Galaxy Backbone.

Read More: thisdaylive