Dino Melaye, a senator representing Kogi west, on Tuesday, raised the alarm over possible corruption in the management of the treasury single account (TSA). ‎ Melaye said some “financial scavengers and economic cankerworms” ‎were trying to sabotage the anti-corruption war of President Muhammadu Buhari by mismanaging the TSA.

He alleged that a firm, ‘Remitter’, hired to manage the TSA, was making N25 billion in one day in mopping up‎ about N2.5 trillion on the loose.

Melaye asked the senate to give him an opportunity to present a motion on the matter on Wednesday.
Senate president Bukola Saraki put the request to a voice vote, to which the “ayes” had it.‎ In July, Buhari had directed that all revenue due to the federal government or any of its agencies be paid into the treasury single account (TSA) or designated accounts maintained and operated in the Central Bank of Nigeria (CBN). ‎

A circular issued to all ministries, departments and agencies (MDAs) by the former head of the civil service of the federation, Danladi Kifasi had urged the MDAs to ensure strict compliance with the directive to avoid sanctions.‎
- See more at: http://www.exlinklodge.com/2015/11/n25-billion-is-stolen-daily-from-tsa.html#sthash.9KGuygog.dpuf



cc lalasticlala seun ishilove

Madness

With Time Buhari's ability to fight corruption will be put to test. Just Time Will Tell.

e no get second name na real madness

ok

25billion/day = 25*25billion/month= broke country.

OK

Other mainstream media will not see this news, they are suddenly blinded by brown envelop.
May God help us. Meanwhile this deserve front page

Okk oo

ril19:
With Time Buhari's ability to fight corruption will be put to test. Just Time Will Tell.

God forbid

La comentus la leta

This is a false news and very misleading. How can a government who just raised N2.5 trillion naira pay over N750billion out of it monthly because the op claimed that TSA loses N25billion daily.

This is trash journalism and has no basis to be taken seriously.

This type of CHANGE is just people Hiden behind propagander to milk this country while the poor gullible masses are praise chanting #change
D rich pot belle grows deeper
Well as usual we know who caused it GEJ

Bros don't decieve urself its even on Channels News u can google it d calculation came from 1% been charge by d consulting firm monitoring d TSA so for the recovered money u pay 1% to d company that d 25b and meanwhile Hon Dino Malaye is APC so he can not just come to redicle d presidency if he was not sure

iwantto:
This is a false news and very misleading. How can a government who just raised N2.5 trillion naira pay over N750billion out of it monthly because the op claimed that TSA loses N25billion daily.

This is trash journalism and has no basis to be taken seriously.

noeloge82:
Bros don't decieve urself its even on Channels News u can google it d calculation came from 1% been charge by d consulting firm monitoring d TSA so for the recovered money u pay 1% to d company that d 25b and meanwhile Hon Dino Malaye is APC so he can not just come to redicle d presidency if he was not sure

Your title said N25billion is stolen daily, how does that related to a 1% transfer charge. Does the TSA gets N2.5trillion daily to warrant a 1% transfer fee of N25billion daily.

My concern is the misleading information that N25billion is lost or stolen daily. How is that possible?