President Muhammadu Buhari says the Treasury Single Account policy has started yielding results.
He
said this while reacting to questions at a meeting with members of the
Nigerian Community in Saudi Arabia at the Nigerian House in Riyadh on
Tuesday evening.
He announced that his administration had
introduced a number of policies and programmes aimed at saving the
nation’s economy from collapse.
Buhari cited the TSA and the
Zero-based Budget as some of the meaningful financial policies that was
checking fraud in the system, saying it had started yielding fruitful
results.
According to him, “the nation has so far realised over N2.6 trillion” from the newly introduced TSA.
He,
therefore, expressed optimism that with the introduction of the single
account, the 2016 budget implementation might not record any form of
deficit at the end of the financial year.
Source:Dailypost.ng
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