TVC E, BUSINESS – The federal government has once again assured that there is no going back on the Treasury Single Account, TSA, thereby dashing the hope of those calling for exemption.
The Academic Staff Union of Universities (ASUU), other government agencies and parastatals hoping to get exemption from Federal Government’s Treasury Single Account (TSA), have been advised to partner with government for the success of the policy.
Head of the Civil Service of the Federation Mrs Winifred Ekanem Oyo-Ita, said the introduction of TSA will bring a lot of benefits to Nigerians, adding that those against the policy are simply being narrow-minded.
Mrs Winifred who spoke yesterday in Lagos during an official visit to the Administrative Staff College of Nigerian (ASCON), Topo, Badagry expressed worries that some unscrupulous Nigerians might want to circumvent TSA implementation.
She said: “TSA is a global best practice for the control of government resources. All the hue and cry of being exempted from TSA is purely being done from a narrow point of view. TSA, when it is fully rolled out, is for the benefit of everybody because it is for the central control of government resources.
“Already, we know that there has been so many leakages; every agency and organisation was just allowed to operate by itself, but so far as government agency is drawing from the central pool, there should be a control.
She said just as the new word ‘budget padding’ entered the nation’s political lexicon, she was equally shocked to learn what she also called ‘a strange development’.
