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Nigeria has realised N2.7trn from TSA – Buhari

written by Samuel Etuk February 24, 2016
Nigeria has realised N2.7trn from TSA – Buhari

President Muhammadu Buhari says the Treasury Single Account policy has started yielding results.Buhari

He said this while reacting to questions at a meeting with members of the Nigerian Community in Saudi Arabia at the Nigerian House in Riyadh on Tuesday evening.

He announced that his administration had introduced a number of policies and programmes aimed at saving the nation’s economy from collapse.

Buhari cited the TSA and the Zero-based Budget as some of the meaningful financial policies that was checking fraud in the system, saying it had started yielding fruitful results.

According to him, “the nation has so far realised over N2.6 trillion” from the newly introduced TSA.

He, therefore, expressed optimism that with the introduction of the single account, the 2016 budget implementation might not record any form of deficit at the end of the financial year.

 

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Samuel Etuk

Passionate unapologetic Nigerian, highly spontaneous, web content writer cum social media strategist, gidi hustler and Akwa-ibomite in diaspora

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