President Bola Tinubu has pulled the Federal Capital Territory Administration ( FCTA) out of the Treasury Single Account (TSA).
This was announced by the Minister of the FCT, Nyesom Wike, during a press conference on Friday.
According to Wike, the move will allow him to use the FCT’s Internally Generated Revenue (IGR) for the development of the nation’s capital.
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He also disclosed that President Tinubu has approved the creation of the FCT Civil Service Commission.
This he said would allow the progression of staff of the FCT Administration.
Recall thar former President Muhammadu Buhari’s administration had introduced the TSA to address ensure accountability and enable the tracking of all government revenues.
