Senator representing Kogi West, Dino Melaye on Tuesday, raised an alarm over a massive corruption operation going on in the management of the Treasury Single Account, TSA.

Melaye who made this known in the floor of the House said “financial scavengers and economic cankerworms” ‎were trying to sabotage the anti-corruption war President Muhammadu Buhari was believed to be prosecuting by mismanaging the TSA.

He further alleged that a firm, “Remitter,” hired to manage the TSA, was making N25bn in one day in mopping up‎ about N2.5trn on the loose.

Melaye further asked the Senate to give him an opportunity to present a motion on the matter on Wednesday, November 11.

Senate President, Bukola Saraki subjected his request to a voice vote and the “ayes” had it.‎

Buhari had in August ordered the full implementation of the TSA with all Ministries, Departments and Agencies, MDAs,directed to cue in and Initial compliance gave the federal government access to N1.5trn.
Amidst controversial reports of exemptions for some MDAs, Vice President, Yemi Osinbajo, and the Central Bank of Nigeria, CBN, urged all the MDAs to ensure strict compliance with the directive to avoid sanctions.‎

While the TSA is seen by many as a beautiful initiative to curb corruption, recent revelations point to it being a way for corrupt individuals in the Government of the day to massively siphon public funds.

Source: http://www.post-nigeria.com/how-n25bn-is-embezzled-daily-via-buharis-tsa-melaye/

Dino Melaye must be high on Kogi expired weed. N25bn daily, haba.

We are watching.....

But you dear senator Dino bought your customized Rolls from you salary bah?
Bascard.

Someone said what he observed, not in the corner of his house but in the floor of the sanate and yet the creature above me still said he doesn't make sense... U sure really waiting for 5k.

Ok na

Season 1

Nooooooooooooooooooooooo

Don't dare say it.

This is government of the saints, by the saints and for the saints.

Baba Buhari's "anti-kworuption pfight" is that his body-language will enrich just a few, and will not just impoverish many, but might render many jobless.

Already, many multi-nationals are leaving the country.

Many companies, industries and banks are downsizing.
The economy is suffocating...
Need I say more?

Change is not just a mantra, but an anthem.

@ gunpoint, how does that take away from the issue on ground
@ post..given the Nigerian propensity to usurp any good thing for personal gain, I am tending to believing this allegation.
The speed @which it was implemented, might imply proper ground work to plug all necessaries wasn't done.
Anyway, we'll know what and how it is by the end of the day.

One chance things. 25b per day is looking like a new record. Now I understand why some persons are suggesting that PMB should be making the guinness book of records

Bubu the saint! Keep fighting corruption as you promised, but in all know that God is watching us from a distance.

I've lost faith in the Nigerian dream and soon y'all will hear what I'm gone about it.

This government has been the most vocal of all since 1999 and the most idle

When one door closes, many windows are open .

Get to front page u go c comment

Ok now!

I wonder why some peeps are so vexed about Sen Dino's observation, this is a country that has suffered massive looting by the previous govt, the best we need at this point in time is to block every loophole against these financial scavengers. Ride on my Senator

No be small money

A big blow to the so called "Mr Intergrity". The word corruption should be replaced with the word Nigeria in the lexicon dictionary.

Comedy of a country. Dino raised issues which many conversant with Nigerian mentality holds to be true.

A firm named Remitter hired to manage TSA....I feel the 25BN daily money to manage such account is too small to grease the pockets of backers of Remitter.

I just hope the said Remitter is not in any way affiliated to Tinubu. Crazy country.

It's ironic that Dino melaye, who is not a paragon of cleanliness himself is now the person who is championing an anti-corruption drive.

In any case this is something that is quite possible. Let's hope Dino Melaye is not just speculating. Hopefully he has evidence to back up his allegations.

Sincerely speaking, the TSA would have been well managed by GEJ under is indefatigable economic team.

APC- Change of corruption tactics

• Flying up & down
• Posing for pictures everyday
• Taking ages to appoint ministers
• Appointing (only) Northerners in his cabinet
• Witch hunting the opposition via the so called 'independent' agencies
• Supposedly 'fighting' corruption while still dining with corruption every phucking day
• Claiming to be incorrupt while his friends, colleagues, associates and party are all corrupt
• And...striking friendship with OBJ, the most obvious 'angel' Nigeria ever had.
• How was this government's campaign sponsored? Looting! Extortion! Corruption!
• I even feel for Rotimi Amechi. After looting all his state's money to sponsor Baba's campaign, all he got was a mere ministerial appointment. After all he did, his position shouldn't be anything less than the vice presidency. Or say...Secretary to the Government of the Federation (SGF). Sorry, Rotimi.

Baba, ife a obu 'change' ikwere anyi na nkwa? Nnukwu nsogbu dikwa n'oche ndi four.

Corruption changing form from crude to refined. Sai baba hugging corruption since 1977! Change is a scam.

Nigeria and corruption, smh

gunpoint:
But you dear senator Dino bought your customized Rolls from you salary bah?
Bascard.

But which kind of reasoning is this na

Dino is doing his job well, pointing out scavengers and those he's protecting are saying this.

Do you know his financial status even before his time in House of Reps?

Check and balance should be allowed to compete favorably again yes and nay syndrome in the upper chamber.

I will love to get the fill his Mr Dino

madridguy:
Dino Melaye must be high on Kogi expired weed. N25bn daily, haba.

Get a life bro, he hasn't even defended his claim and you don conclude on him

When a Company makes/get #25bn daily for mopping #2.5trn, It would take d institution 100days to get all d money for itself....The allegation is baseless for all i care...

You're looking muaaaaaaaa, can I be the lucky guy ? Forget Dino Melaye, the man his just a clown.

oekehinde:

Get a life bro, he hasn't even defended his claim and you don conclude on him