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Nigeria Has Over N 2.7Trn In Treasury Single Account ( TSA ) – AGF - Politics (3) - Nairaland

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Re: Nigeria Has Over N 2.7Trn In Treasury Single Account ( TSA ) – AGF by Nobody: 11:21am On Apr 22, 2016
luvinhubby:


Please back up your claim with at least one source.

It's actually very simple. The entire southern and northern protectorate was under a single governor general with a single view of consolidated finances. For an in depth understanding of this structure and it's Implication please see the excellent and thorough " the Colonial office and Nigeria" by John M. Carland
For a more simplified but implied understanding see
http://transparencyng.com/news-categories/130-reports/8658-revealed-lugard-s-1914-report-on-amalgamated-nigeria-tribune.html

I hope this serves.
Re: Nigeria Has Over N 2.7Trn In Treasury Single Account ( TSA ) – AGF by judondasylva(m): 12:11pm On Apr 22, 2016
if we have such amount of money why then going to borrow?
Re: Nigeria Has Over N 2.7Trn In Treasury Single Account ( TSA ) – AGF by judondasylva(m): 12:13pm On Apr 22, 2016
then why borrow?
Re: Nigeria Has Over N 2.7Trn In Treasury Single Account ( TSA ) – AGF by Nobody: 10:46pm On Apr 22, 2016
Is this money on paypal? Is it on bitcoins? Abi Na real money?
How come money is in the bank and people are suffering?
Even the monthly share share no reach wetin states dey collect before!
This kain change ee dey sweet me die grin grin grin grin grin
APC!!!...... Money in the Bank undecided

1 Like

Re: Nigeria Has Over N 2.7Trn In Treasury Single Account ( TSA ) – AGF by Nobody: 10:54pm On Apr 22, 2016
weezii:
Guys better don't believe this.


The denial is loading

The denial is slow but sure to come. cool
Re: Nigeria Has Over N 2.7Trn In Treasury Single Account ( TSA ) – AGF by weezii(m): 12:07am On Apr 23, 2016
mykl01:

The denial is slow but sure to come. cool
cheesy
Re: Nigeria Has Over N 2.7Trn In Treasury Single Account ( TSA ) – AGF by Brooklynsouth(f): 5:55am On Apr 23, 2016
Vivalavida99:
Confusion Everywhere You Go! ~ Don't Joke With Nigerians :-)

On Budget:

Budget missing
No, Budget replaced
Budget padded
Budget scattered.

On Boko Haram:
Boko Haram flee
Boko Haram begs for amnesty
Boko Haram defeated
Boko Haram "technically" defeated

On N5000 stipend:
It is for unemployed youths
No it is for poor/indigent Nigerians
No it is too expensive
Who said we promised 5k?

On free meal for pupils:
It is only for primary schools
No it is for very poor primary school
No, it's biscuits not meal
Each state will decide if they can afford it.

On Chinese Loan:
We received a loan
No it is a swap
No there was no swap
It is an infrastructural contract.

On Lagos-Calabar railway:
There was budget for Lagos - Calabar rail.
No, there was no budget for Lagos-Calabar rail.
There was a budget but was added during committee meeting.

If this is not a government of confusion, what name can we call it?

Copied
this government is damn useless
Re: Nigeria Has Over N 2.7Trn In Treasury Single Account ( TSA ) – AGF by kolawolead(m): 12:04am On Apr 24, 2016
Attempt to shed more light on the concept of the TSA.

The money in the TSA account does not belong to the FG (yet)! It belongs to federal ministries and parastatals.

These are their revenues. They also have expenditures which will be taken out of this account. This is why the reported figure/amount would often vary. A federal parastatal may have been generating revenues over the past 10 months and can have one huge expenditure in the 11th month which can reduce the balance in the account.

By and Large, the essence of the TSA is that only genuine expenditure would be expected to go through. We should also note that ministries are in the habit of trying to put through as much expenditure as possible towards the end of the year.

With this in mind, PMB would be breaking the law (rule if you like) by spending this money. What ever is carried forward into the next year is what the FG is able to spend!
Re: Nigeria Has Over N 2.7Trn In Treasury Single Account ( TSA ) – AGF by afolaseg: 4:13pm On Jul 14, 2016
congrat bro.. i just sent a message to your email.. pls reply or send me your email or phone number. i will really need your help. and do they call to ask your sisters questions about her work experience?

thanks



kolawolead:
Attempt to shed more light on the concept of the TSA.

The money in the TSA account does not belong to the FG (yet)! It belongs to federal ministries and parastatals.

These are their revenues. They also have expenditures which will be taken out of this account. This is why the reported figure/amount would often vary. A federal parastatal may have been generating revenues over the past 10 months and can have one huge expenditure in the 11th month which can reduce the balance in the account.

By and Large, the essence of the TSA is that only genuine expenditure would be expected to go through. We should also note that ministries are in the habit of trying to put through as much expenditure as possible towards the end of the year.

With this in mind, PMB would be breaking the law (rule if you like) by spending this money. What ever is carried forward into the next year is what the FG is able to spend!
Re: Nigeria Has Over N 2.7Trn In Treasury Single Account ( TSA ) – AGF by Gbawe: 5:08pm On Jul 14, 2016
luvinhubby:
That is a very good one.

God bless GEJ & NOI for conceiving & instituting the TSA.
And Buhari is busy forming strongman for nothing.

APC is a fraud.

They say the worst lie we tell are the lies we tell ourselves. So I urge you to continue lying to yourself. You will definitely get nowhere in life lying to yourself and living in denial. Jonathan is a crook and NOI only knows how to look the other way while Nigeria is being plundered and gang-shagged. The TSA was introduced in 2012 yet GEJ never thought to put it in full use before he left office in 2015 because he knows doing so will bring and end to the copious looting him and his fellow crooks were getting any with. What praise should go to such an irresponsible and crooked president if not praise from unrepentant sycophant who are not ashamed of twisting the truth?

Yet Buhari put the TSA to use within months in office when GEJ failed to do so for years. Even a child can discern who the crook is (GEJ) and also note who the determined and upright leader is (Buhari). I therefore implore you to continue calling daylight sunshine while you hail darkness as light because of your biased nature and personal dishonesty. You will only succeed to wreck your own life with such a backward and dishonest inability to see or admit the truth which, in this case, is that GEJ is a crook only other crooks will deem worthy of praise. By your logic we should praise the leader who builds a prison yet does not have the balls to jail the many rapist, murderers, terrorists, armed robbers and criminals roaming the streets with impunity and harassing innocent Nigerians. Some Nigerians and their degenerate logic. God 'bless' GEJ indeed. You have no shame or decency considering you can still speak like this after all that has been exposed about the corrupt messiah you continue to worship like a god.

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Re: Nigeria Has Over N 2.7Trn In Treasury Single Account ( TSA ) – AGF by luvinhubby(m): 10:07pm On Jul 14, 2016
Gbawe:


They say the worst lie we tell are the lies we tell ourselves. So I urge you to continue lying to yourself. You will definitely get nowhere in life lying to yourself and living in denial. Jonathan is a crook and NOI only knows how to look the other way while Nigeria is being plundered and gang-shagged. The TSA was introduced in 2012 yet GEJ never thought to put it in full use before he left office in 2015 because he knows doing so will bring and end to the copious looting him and his fellow crooks were getting any with. What praise should go to such an irresponsible and crooked president if not praise from unrepentant sycophant who are not ashamed of twisting the truth?

Yet Buhari put the TSA to use within months in office when GEJ failed to do so for years. Even a child can discern who the crook is (GEJ) and also note who the determined and upright leader is (Buhari). I therefore implore you to continue calling daylight sunshine while you hail darkness as light because of your biased nature and personal dishonesty. You will only succeed to wreck your own life with such a backward and dishonest inability to see or admit the truth which, in this case, is that GEJ is a crook only other crooks will deem worthy of praise. By your logic we should praise the leader who builds a prison yet does not have the balls to jail the many rapist, murderers, terrorists, armed robbers and criminals roaming the streets with impunity and harassing innocent Nigerians. Some Nigerians and their degenerate logic. God 'bless' GEJ indeed. You have no shame or decency considering you can still speak like this after all that has been exposed about the corrupt messiah you continue to worship like a god.

Depravity is when an enslaved mindset finds it difficult to differentiate between delusion & reality and in this case it's even worse because fellows like you have reality starring them in the face but choose to grope endlessly in darkness for an unexisting delusion.

Today Buhari is fighting corruption, tomorrow corruption fights back, meanwhile your COAS & better half are manipulated thieves but he choose to look the way. Meanwhile his two super ministers are equally guilty of the same offence he is chasing members of the opposition for using ALL the same anti corruption structures & dragnets put in place by the so called corrupt regime.

Fighting corruption is better than fighting opposition, prevention is always better than cure, GEJ prevented & Buhari is trying to cure even though he is a quack doctor.
Nigerians were better of 18 months ago than we are now.

APC is a fraud.
Re: Nigeria Has Over N 2.7Trn In Treasury Single Account ( TSA ) – AGF by rozayx5(m): 2:45pm On Sep 04, 2016
looooool

1 Like

Re: Nigeria Has Over N 2.7Trn In Treasury Single Account ( TSA ) – AGF by UyiIredia(m): 9:34am On May 19, 2017
Gbawe:


They say the worst lie we tell are the lies we tell ourselves. So I urge you to continue lying to yourself. You will definitely get nowhere in life lying to yourself and living in denial. Jonathan is a crook and NOI only knows how to look the other way while Nigeria is being plundered and gang-shagged. The TSA was introduced in 2012 yet GEJ never thought to put it in full use before he left office in 2015 because he knows doing so will bring and end to the copious looting him and his fellow crooks were getting any with. What praise should go to such an irresponsible and crooked president if not praise from unrepentant sycophant who are not ashamed of twisting the truth?

Yet Buhari put the TSA to use within months in office when GEJ failed to do so for years. Even a child can discern who the crook is (GEJ) and also note who the determined and upright leader is (Buhari). I therefore implore you to continue calling daylight sunshine while you hail darkness as light because of your biased nature and personal dishonesty. You will only succeed to wreck your own life with such a backward and dishonest inability to see or admit the truth which, in this case, is that GEJ is a crook only other crooks will deem worthy of praise. By your logic we should praise the leader who builds a prison yet does not have the balls to jail the many rapist, murderers, terrorists, armed robbers and criminals roaming the streets with impunity and harassing innocent Nigerians. Some Nigerians and their degenerate logic. God 'bless' GEJ indeed. You have no shame or decency considering you can still speak like this after all that has been exposed about the corrupt messiah you continue to worship like a god.

Just wondering where this dunce is.

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