Treasury Single Account: Its Benefit, Major Players And Unnecessary Controversy - Politics (3) - Nairaland
Nairaland Forum › Nairaland General › Politics › Treasury Single Account: Its Benefit, Major Players And Unnecessary Controversy (24054 Views)
| Re: Treasury Single Account: Its Benefit, Major Players And Unnecessary Controversy by saintopus(m): 11:45am On Nov 19, 2015 |
This GEJ sef!! I don't know why I love this guy! God bless you sir.
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| Re: Treasury Single Account: Its Benefit, Major Players And Unnecessary Controversy by Nobody: 11:47am On Nov 19, 2015 |
chymystique:he doesnt even need to be part of any party to dish out this wonderful unbiased write up...this is what i want all apc zealots/robots to emulate.... |
| Re: Treasury Single Account: Its Benefit, Major Players And Unnecessary Controversy by TonyeBarcanista(op): 11:48am On Nov 19, 2015 |
PassingShot:Trust me, the people against this policy are the corupt elite across ALL political parties. The policy is in Nigeria's interest because the monies that will be protected through this policy neither belong to APC nor Buhari. Nigerians own them! |
| Re: Treasury Single Account: Its Benefit, Major Players And Unnecessary Controversy by gurunlocker: 11:51am On Nov 19, 2015 |
I just love it when people see and say the truth.... I've never seen where APC commend PDP work even they were in opposition.... |
| Re: Treasury Single Account: Its Benefit, Major Players And Unnecessary Controversy by PassingShot(m): 11:51am On Nov 19, 2015 |
TonyeBarcanista:Exactly. But many are too blinded by senseless partisanship. I pray yo i will continue in this part. Criticize the government when it has gone wrong and praise it when it has done well. |
| Re: Treasury Single Account: Its Benefit, Major Players And Unnecessary Controversy by modath(f): 11:52am On Nov 19, 2015 |
baralatie:Dino & Saraki are pursuing a vendetta but did a bang up Job cos thy didn't understand & made the fundamental error of not asking for clarification. .. Another thing is that the TSA has made nonsense of the struggle for "JUICY" committees ... chudionu58:TSA was proposed how many years ago ![]() Did Jonathan have the will to enforce it ![]() I have lyrics in my head, till i actually go into the studio & come out with a well packaged & produced song, i am not a musician... I sincerely hope you got that analogy.. |
| Re: Treasury Single Account: Its Benefit, Major Players And Unnecessary Controversy by obailala(m): 11:56am On Nov 19, 2015 |
TonyeBarcanista:Kudos to you for this... Great write-up! |
| Re: Treasury Single Account: Its Benefit, Major Players And Unnecessary Controversy by Paentera(m): 11:59am On Nov 19, 2015 |
Here's to one of the best researched and presented posts on Nairaland. I'd give you 4/5 for clarity, 5/5 for presentation and 5/5 for a balanced topic i.e. being mature about your political stance while giving credit to PMB for doing the right thing. TonyeBarcanista: |
| Re: Treasury Single Account: Its Benefit, Major Players And Unnecessary Controversy by baralatie(m): 12:00pm On Nov 19, 2015 |
modath:you are very correct! the people against the TSA whether dino,fayose and the house were clearly not in understanding of how the concept works! except for the issue raised by prof. jega on inec(which I don't know how far that implication is?). the TSA will clearly cut off some misappropriation of funds! |
| Re: Treasury Single Account: Its Benefit, Major Players And Unnecessary Controversy by patrickmuf(m): 12:00pm On Nov 19, 2015 |
chudionu58:No, people are praising his objectivity here not what you're insinuating...Barcanista going forward should be easy from here |
| Re: Treasury Single Account: Its Benefit, Major Players And Unnecessary Controversy by mayor9498(m): 12:01pm On Nov 19, 2015 |
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| Re: Treasury Single Account: Its Benefit, Major Players And Unnecessary Controversy by jlinkd78(m): 12:02pm On Nov 19, 2015*. Modified: 12:18pm On Nov 19, 2015 |
Dear Tonye, it is writeup like this that is unbiased, truthful, balanced and factual dat got ppl like me endeared to u. I ll appreciate u maintain on this pattern as u might soon become d face of constructive criticism in Nigeria and who knows one day might become a representative of d youth at some level. U v indeed enriched my knowledge of d TSA and I can now make an informed opinion. If u go thru d comments, u ll find out dat almost everybody scored ur write up an A+ cos all u said is appreciated. With ur clarification, it is now clear dat GEJ initiated d TSA policy and d current govt is continuing on it. That is fact. U also advised d Senate to ensure in d long run they bring out d best of d TSA and not to have it scrapped. Another fact. My sincere advice is dat u MUST avoid d temptation of d Biafra vs Ijaw politics where most times u try to turn history upside down. |
| Re: Treasury Single Account: Its Benefit, Major Players And Unnecessary Controversy by PastorAji(m): 12:03pm On Nov 19, 2015 |
TonyeBarcanista, My broda you shocked me on this incisive analysis. If we have just 200 of us here on Nairaland, it would av been far Berra |
| Re: Treasury Single Account: Its Benefit, Major Players And Unnecessary Controversy by jonex30(m): 12:05pm On Nov 19, 2015 |
Before now. I normally observed from the sideline because I believe u are too biased with ur view. But with this perfect analysis of the tsa issue I believe u mean well for Nigeria. Am not a politician but am chronic apc supporter. Thump up. |
| Re: Treasury Single Account: Its Benefit, Major Players And Unnecessary Controversy by princdebola201(m): 12:06pm On Nov 19, 2015 |
Well done chief wailer ![]() anybody that is not kk with this write up should visit Akure Youths for consultations![]() ![]() |
| Re: Treasury Single Account: Its Benefit, Major Players And Unnecessary Controversy by jonex30(m): 12:07pm On Nov 19, 2015 |
Before now. I normally observed from the sideline because I believe u are too biased with ur view. But with this perfect analysis of the tsa issue I believe u mean well for Nigeria. Am not a politician but am chronic apc supporter. |
| Re: Treasury Single Account: Its Benefit, Major Players And Unnecessary Controversy by Spyman28: 12:08pm On Nov 19, 2015 |
The best I have read from you in a long time |
| Re: Treasury Single Account: Its Benefit, Major Players And Unnecessary Controversy by Paentera(m): 12:08pm On Nov 19, 2015 |
This is how the revenue collection now works 1) To make a payment to a government collection agency, a RRR (Remita Revenue Reference) Number is generated and given to you 2) You take this reference number to any Financial Institution (usually a commercial bank) and it is used to process payment and a receipt is issued to you 3) You use this receipt to conclude your transaction with the needed agency. 4) At the end of each day, the value in the various accounts at all FIs (Financial Institutions) are swept into CBN using a debit/credit entry system 5) At the single click of a button, the government/CBN knows exactly how much accrues to it daily Except you issue cash bribes to the officials in question, your transaction that has to do with government is traceable and unless you insist to pay money into the account of an official from which they can then be caught, no money accruing to the government WILL EVER fall into a civil servant's hands or custody again. Hope my explanation helps PRYCE: |
| Re: Treasury Single Account: Its Benefit, Major Players And Unnecessary Controversy by jomoh: 12:09pm On Nov 19, 2015 |
PRYCE:It will be easily traceable. Because I believe the TSA account of each agency will be made public and will be known by many. Any contrary account will be verified by the payer before payment and if found to be false, alarm will be raised. In fact Tonyebarcanista this is your only article I've read since february this year. Anyone that doesn't know you were a staunch supporter of GEJ will find it hard to believe you were ever partisan at a point in the past. This is what is called opposition in democracy. |
| Re: Treasury Single Account: Its Benefit, Major Players And Unnecessary Controversy by cyprex: 12:14pm On Nov 19, 2015 |
you have once again picked up your thinking cap; kudos bro |
| Re: Treasury Single Account: Its Benefit, Major Players And Unnecessary Controversy by Barezzi(m): 12:18pm On Nov 19, 2015 |
Paentera:It sure helps!! Thanks... |
| Re: Treasury Single Account: Its Benefit, Major Players And Unnecessary Controversy by karashita: 12:20pm On Nov 19, 2015 |
Tnx Ops for d insight. However,much as this policy is welcome,it is stifling operations in some quarters. For instance in some agencies,activities have run aground because they no longer have running cost.All accounts have been taken over.To buy ordinary stationeries is now a problem. I wont go into details for obvious reasons,but it would appear some amendment stil need be done on the policy. It is killing. |
| Re: Treasury Single Account: Its Benefit, Major Players And Unnecessary Controversy by tinsel: 12:23pm On Nov 19, 2015 |
I respect you from now. Lovely piece coming from you. |
| Re: Treasury Single Account: Its Benefit, Major Players And Unnecessary Controversy by billyG(m): 12:27pm On Nov 19, 2015 |
TonyeBarcanista:I cnt blive this Tonye u don see change? |
| Re: Treasury Single Account: Its Benefit, Major Players And Unnecessary Controversy by Demdem(m): 12:27pm On Nov 19, 2015 |
This is not balanced enough in my opinion. I smell hypocrisy from the writer. I expect the protection seeker to criticize Jonah-daft to have waited till March 2015 before starting this policy. even at that nothing was on ground to ever suggest that it actually took off by March 2015. it was just an intent, it never happened. Jonah-daft was taking Nigerians for a fool, he never had that political will to implement such. It happened under the General. Case close. What was the fool doing all during the days of plenty when oil was selling at over $120 dollars per barrel. Thank Goodness, Nigerians got rid of him. |
| Re: Treasury Single Account: Its Benefit, Major Players And Unnecessary Controversy by TonyeBarcanista(op): 12:30pm On Nov 19, 2015 |
chudionu58:I think they are hailing my position on this and not really me. My brother, I wish State and LGAs will adopt the policy. As for those people that bribed their way to have 'juicy' positions, they will be disappointed when they realise that the TSA has kept the juice away from them... ![]() |
| Re: Treasury Single Account: Its Benefit, Major Players And Unnecessary Controversy by baralatie(m): 12:31pm On Nov 19, 2015 |
karashita:that is the other side though! it is now the executive responsibility to pursue ITS BUDGET and properly make its financial plan ACCURATELY FOR THE SMOOTH RUNNING OF ITS MDAS! I just hope the PMB clearly understand HOW to run an organisation with this scheme! |
| Re: Treasury Single Account: Its Benefit, Major Players And Unnecessary Controversy by Kelvinatie: 12:32pm On Nov 19, 2015 |
[b]Thanks for this explanations. We most times come to hasty conclusions without giving deep thoughts or research to situations like this. Atleast, Nigerians are gradually gettin to know the truth in all this. But then why do you think the senate (via Dino Melaye and Saraki et al) are trying to bastardized the TSA?? Can`t we see the handwriting on the wall?? The National Assembly has before now written to the CBN to be excluded from the TSA. This information came to the President and he utterly rejected the exclusion of the National Assembly from the TSA. This in others words means that even the Senate President and his cronies will not have access to such monies for many selfish reasons. It also means that that the spendings of the National Assembly will not be the secret it was before now. That is a big restriction for those senators. Its like putting a rope in their necks. Well, let me end it here. But let me say something, if we know the REAL intentions of some of our politicians we will be worried even more. Let`s just learn to dig deeper next time. Thanks for the explanations[/b] |
| Re: Treasury Single Account: Its Benefit, Major Players And Unnecessary Controversy by TonyeBarcanista(op): 12:37pm On Nov 19, 2015 |
karashita:My brother, Agencies and Departments will adjust to the new change. At least accountability will set in. The complain of genuine people like you is very different from our politicians that seek to manipulate it for their own selfish reasons |
| Re: Treasury Single Account: Its Benefit, Major Players And Unnecessary Controversy by billyG(m): 12:37pm On Nov 19, 2015 |
Da only thing that is constant iz change i see Tonye flying in d sky with Broom btw his thigh in d near future. |
| Re: Treasury Single Account: Its Benefit, Major Players And Unnecessary Controversy by gretblue: 12:40pm On Nov 19, 2015 |
The Ipods will soon attack their own.This is the kind of news they wouldn't want to read.
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| Re: Treasury Single Account: Its Benefit, Major Players And Unnecessary Controversy by razid: 12:41pm On Nov 19, 2015*. Modified: 1:31pm On Nov 19, 2015 |
One of the positive developments of the implementation of this policy is that a long abandoned NTA station in our locality just received life recently. We were surprised because the project is one of the NTA stations initiated nationwide when Ben Murray Bruce was the DG. Probing further, we discovered that the money meant for the project has been cooling off in one of the numerous accounts we are talking about. So when the issue of TSA deadline came up, the culprits involved sharperly-sharperly released the fund so that they wouldn't be made scapegoats. God knows how many of such projects that would have suddenly come alive in different areas as a result of this policy. Kudos to the initiators, the planners and the executors. God bless Nigeria! ![]() |
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