• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Tuesday, August 5, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Katsina First State To Implement TSA – Commissioner

by Leadership News
2 years ago
in News
Share on WhatsAppShare on FacebookShare on XTelegram

Katsina is the first state to implement the Treasury Single Account (TSA),Dr Bala Salisu-Zango,  the commissioner for information and culture has said.

Advertisement

Salisu-Zango made this known to the News Agency of Nigeria (NAN) in Katsina.

The commissioner said the implementation of the TSA will bring all government funds in bank accounts within the effective control and operational purview of the treasury.

“The implementation is in order to enthrone centralised, transparent and accountable revenue management.

“The TSA will facilitate effective management of the government’s finances, bank and cash position, ensure cash availability, and promote efficiency.

RELATED

Military Takeover Demands Dangerous For Nigeria — Falana

Campaigns For 2027 Totally Illegal, Diversionary — Falana

4 hours ago
Trump Mulls 50% Ownership Of TikTok By US

Trump Knocks India Over Russian Oil Trade, Vows Higher Tariff

4 hours ago

“If government accounts are unified in a single unit, it will block leakages and the administration will be able to fulfill its campaign promises to the people,” he said.

NAN reports that Gov. Dikko Radda on July 3, directed all ministries, departments and agencies of the Katsina State Government to forthwith adopt the TSA for all their transactions.

The governor gave the order in a circular dated July 3, 2023 and titled: “Treasury Single Account Direction Notice 2023,” which he personally signed.

He further directed the state’s Accountant General to prescribe the framework within which ministries, departments and agencies shall conduct their bank/cash transactions under the TSA.

The TSA is a financial policy in use in several countries all over the world.

It was proposed by the federal government of Nigeria in 2012 under the Jonathan Administration and was fully implemented by the Buhari administration to consolidate all inflows from all agencies of government into a single account at the Central Bank of Nigeria.

Nigeria, like many countries, employed fragmented systems in handling government receipts and payments. Establishing a unified structure as recommended by the IMF, where all government funds are collected in one account would reduce borrowing costs, extend credit and improve government’s fiscal policy among other benefits to government.

NAN reports that the IMF also recommends the establishment of a legal basis to ensure its robustness and stability.

The introduction of the TSA is vital in reducing the proliferation of bank accounts operated by ministries, departments and agencies (MDAs) towards promoting financial accountability among governmental organs. (NAN)

 

 


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel




SendShareTweetShare
Previous Post

Governor Inuwa Orders Closure Of All ‘Gala Houses’ In Gombe

Next Post

‘85% Of Nigerian Graduates Lack Digital Skills’

Leadership News

Leadership News

You May Like

Military Takeover Demands Dangerous For Nigeria — Falana
News

Campaigns For 2027 Totally Illegal, Diversionary — Falana

2025/08/04
Trump Mulls 50% Ownership Of TikTok By US
News

Trump Knocks India Over Russian Oil Trade, Vows Higher Tariff

2025/08/04
Oyo Gov’t Recruits 5,600 Primary School Teachers, 80 Caregivers
News

2027: No Party Can Win Oyo Aside PDP — Makinde

2025/08/04
Tariff Hike: FG Raising Funds For Cash-strapped DisCos – Falana
News

‘Tinubu’s Harsh Economic Policies Have Erased Nigeria’s Middle Class’, Says Falana

2025/08/04
Trade, Investment Flourish As UAE-Nigeria Relations Strengthened
News

Trade, Investment Flourish As UAE-Nigeria Relations Strengthened

2025/08/04
Flooding: Borno Needs Modern Drainages, Not Overhead Bridges, Chinedumuije Tells Zulum
News

Flooding: Borno Needs Modern Drainages, Not Overhead Bridges, Chinedumuije Tells Zulum

2025/08/04
Leadership Conference advertisement

LATEST

Campaigns For 2027 Totally Illegal, Diversionary — Falana

Trump Knocks India Over Russian Oil Trade, Vows Higher Tariff

2027: No Party Can Win Oyo Aside PDP — Makinde

‘Tinubu’s Harsh Economic Policies Have Erased Nigeria’s Middle Class’, Says Falana

Trade, Investment Flourish As UAE-Nigeria Relations Strengthened

Flooding: Borno Needs Modern Drainages, Not Overhead Bridges, Chinedumuije Tells Zulum

Lagos Gov’t Allays Fears As Flood Sacks Residents After Rainfall

WAFCON: Aiyedatiwa Gives Super Falcons’ Tosin Demehin N30m, House

Gov Sani Effects Minor Cabinet Reshuffle In Kaduna

JUST-IN: Tinubu Rewards D’Tigress With OON Honours, $100k Each, Houses

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.