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UPDATE: Federal Govt Exempts University Research Grants from TSA

The Federal Government has announced the exemption of third-party research grants for federal universities and research institutions from the Treasury Single Account (TSA). In a letter dated September 6, 2024, from the National Universities Commission (NUC) to Vice Chancellors—seen by our correspondent in Abuja—Minister of Education, Prof. Tahir Mamman, relayed the directive from President Bola […]

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Why It’s Imperative for All Govt Agencies to Adopt TSA: Insights from Remita’s MD

The Managing Director/Chief Executive Officer (CEO) of REMITA, Mr. Deremi Atanda, emphasizes the critical necessity for all Federal Government agencies to fully integrate into the Treasury Single Account (TSA) system to uphold accountability and transparency. Atanda reiterated this stance while addressing the House of Representatives Public Accounts Committee’s scrutiny of TSA operations. This inquiry forms […]