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TSA: Reps query Buhari’s exemption of N50bn NNPC accounts

The House of Representatives, on Tuesday, raised questions over a “purported” presidential approval exempting some special Nigerian National Petroleum Corporation accounts from the Treasury Single Account.

The accounts, with funds worth N50bn, are still being kept by commercial banks in breach of the TSA policy.

The policy provides that all accounts belonging to Ministries, Departments and Agencies of government should be transferred to the TSA.


The TSA, a centralised Federal Government revenue account, is kept by the Central Bank of Nigeria.

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