ADVERTISEMENT
The Sun Nigeria
  • Home
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
No Result
View All Result
  • Home
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
No Result
View All Result
The Sun Nigeria
No Result
View All Result
ADVERTISEMENT
Ley Your Dreams Come Alive – With FCMB Loans
Home Business

TSA: CBN paid N7.6bn to MDAs without approval –AGF

27th March 2018
in Business
0
ECONOMY
0
SHARES
486
VIEWS
Share on FacebookShare on Twitter

Ndubuisi Orji, Abuja

The Accountant General of the Federation (AGF), Mr Ahmed Idris, yesterday accused  the Central Bank of Nigeria (CBN), of  paying N7.6 billion to Ministries Department and Agencies (MDAs) without recourse to his office.

Idris stated this when he appeared before the House of Representatives Adhoc Committee probing the operations of the Treasury Single Account (TSA).

He however, denied providing limited information to federal auditors, who wanted to audit the TSA.

The AGF said, he had directed all departmental, sectional and unut heads to give unrestrained access to the auditors. Idris, who was responding to questions on the payment N7.6 billion to MDAs from the TSA, as contained in a report from the office  Auditor General of the Federation (AuGF), noted that the payment was done illegally.

The audit report had queried why the payment, which was made through the CBN T.24 platform, did not pass through Remita.

Idris said:  “The apex bank used its powers under the rules to make the payment” noting that” the CBN was (later)asked to reverse it due to lack of due process”.

Regardless, the CBN’s Director of Banking and Payment System, Abubakar Kure, explained that there was contention over a certain N25 billion charged for TSA collections from MDAs. He said after the parliament invited stakeholders on the issue, it was resolved that  a certain  certain percentage of what had been charged should be returned to the MDAs.

sunnews

sunnews

Related Posts

35 W/African experts arrive Abuja for exchange rate course 
Business

35 W/African experts arrive Abuja for exchange rate course 

24th June 2022
Business

GCR accords Sundry Foods A-(NG) and A2 (NG), National credit ratings, outlook revised to positive

24th June 2022
IPMAN threatens strike over PMS pump price reduction
Business

Fuel scarcity: NNPC should address profiteering at private depots –IPMAN

24th June 2022
Next Post
Oyo-Ita

FG trains ex-militants on fish farming

IJAW

Nigeria completely directionless –Wike

6 soldiers, 4 policemen killed in Rann attack –CP

1 killed as police foil robbery in Delta

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Highlights

2023: Northern group kicks against Muslim-Muslim ticket

Prosperity Cup: Stakeholders hail Diri over increase in Cup Prize

Women poorly represented in politics, governance — GSAI

Dickson hails media role in democratic development

Kebbi Customs intercepts 2,820 donkey’s slaughtered skins enroute foreign country worth N48.1m

We recovered cash, other items at contractor’s residence, not Buratai – ICPC

Trending

APC constitutes reconciliation c’ttee in Borno
Politics

APC constitutes reconciliation c’ttee in Borno

24th June 2022
0

From Timothy Olanrewaju, Maiduguri The All Progressive Congress (APC) has constituted a reconciliation committee to address grievances...

Tension as bandits kill Kaduna lawmaker

Again, gunmen kill two policemen, three others in Benue

24th June 2022
ASUU strike: C’River lawmaker donates cash to indigent lecturers

ASUU strike: C’River lawmaker donates cash to indigent lecturers

24th June 2022
Stay clear 2023 presidency if you’re above 60 – CNF tells politicians

2023: Northern group kicks against Muslim-Muslim ticket

24th June 2022
Diri receives APC defectors, urges Bayelsa to shun divisive politics

Prosperity Cup: Stakeholders hail Diri over increase in Cup Prize

24th June 2022
ADVERTISEMENT

Follow us on social media:

Latest News

  • APC constitutes reconciliation c’ttee in Borno
  • Again, gunmen kill two policemen, three others in Benue
  • ASUU strike: C’River lawmaker donates cash to indigent lecturers
  • 2023: Northern group kicks against Muslim-Muslim ticket
  • Prosperity Cup: Stakeholders hail Diri over increase in Cup Prize
  • Women poorly represented in politics, governance — GSAI
  • Dickson hails media role in democratic development
  • Kebbi Customs intercepts 2,820 donkey’s slaughtered skins enroute foreign country worth N48.1m
  • We recovered cash, other items at contractor’s residence, not Buratai – ICPC
  • Anti party: Abia PDP suspends Ikpeazu’s LG boss
  • Girl child education key to unlocking many of problems around SDGs – Sanusi
  • 35 W/African experts arrive Abuja for exchange rate course 
  • Biden unhappy over end to Roe v. Wade
  • Obi Cubana praises Dubby Gustavo, Papi Gustavo on contract renewal with Remy Martin, Glenfiddich
  • Nasarawa indigenes petition IGP over police extortion, threat to life
  • Pharmacists’ Council seals 358 premises in FCT
  • Mob sets suspected kidnapper ablaze in Anambra, police rescue 2 victims
  • Anambra: APGA BoT member, ex-councillors decamp to PDP, back Ekwunife’s re-election
  • Roe v Wade: US Supreme Court ends constitutional right to abortion
  • Gunmen kidnap 22 farmers in Abuja community

Categories

  • Abuja Metro
  • Anambra Watch
  • Arts
  • Broken Tongues
  • Business
  • Business Week
  • Cartoons
  • Citizen Joe
  • Columns
  • Cover
  • Culture
  • Duro Onabule
  • Editorial
  • Education Review
  • Effect
  • Elections
  • Entertainment
  • Events
  • Features
  • Femi Adesina
  • Food & Drinks
  • Frank Talk
  • Funke Egbemode
  • Gallery
  • Global Square by Kenneth Okonkwo
  • Health
  • Insights
  • Kalu Leadership Series
  • Kunle Solaja
  • Kunle Solaja
  • Letters
  • Lifeline
  • Lifestyle
  • Literary Review
  • Marketing Matters
  • Muiz Banire
  • National
  • News
  • Offside Musings
  • Opinion
  • oriental news
  • Politics
  • Press Release
  • PressClips
  • Public Sphere
  • Ralph Egbu
  • Shola Oshunkeye
  • Sideview
  • South-west Magazine
  • Sponsored Post
  • Sporting Sun
  • Sports
  • Sun Girl
  • Tea Time
  • The Flipside – Eric Osagie
  • The Sun Awards Live
  • The Sun TV
  • Thoughts & Talks
  • Time Out
  • Today's cover
  • Tola Adeniyi
  • Travel
  • Travel & Tourism
  • Trending
  • TSWeekend
  • Turf Game
  • Uncategorized
  • Updates
  • Views from Abroad
  • Voices
  • World
  • World News
  • Home
  • About Us
  • Paper Ad Rate
  • Online Ad Rate
  • The Team
  • Contact Us
  • Privacy Policy

© 2019 The Sun Nigeria - Managed by Netsera.

No Result
View All Result
  • Home
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun

© 2019 The Sun Nigeria - Managed by Netsera.

Posting....