Tinubu withdraws FCT from Treasury Single Account

President Bola Tinubu made the decision to withdraw the Federal Capital Territory Administration (FCTA) from the Treasury Single Account (TSA), thereby allowing the Nyesom Wike-led FCTA to use the territory’s Internally Generated Revenue (IGR) to advance the development of the nation’s capital.

During a press briefing in Abuja on Friday, Wike further revealed that the President has given the green light for establishing the FCT Civil Service Commission, a move aimed at facilitating career growth opportunities for the staff.

Ameh Jazzia-Becky

Recent Posts

Soaring rice prices threaten Christmas celebrations for Nigerian families

Rice, a staple for Christmas celebrations in Nigeria, has become a luxury this year. Soaring…

17 hours ago

Panic as Stage collapses during Odumodublvck’s performance at Lagos concert

Panic erupted on Saturday at a concert in Lagos when the stage collapsed during Odumodublvck’s…

17 hours ago

2025 Budget: FG allocates ₦6.36bn for renovation of Tinubu, Shettima’s official quarters

The Federal Government of Nigeria has allocated ₦6,364,181,224 billion for the refurbishment and rehabilitation of…

17 hours ago

Black Market Dollar to Naira Exchange Rate Today 22nd December 2024

The black market dollar to naira exchange rate for today, 22nd December 2024, can be…

17 hours ago

NNPC debunks shutdown rumors, confirms fuel loading at Port Harcourt Refinery

The Nigerian National Petroleum Company Limited (NNPCL) has refuted claims that the 60,000 barrels per…

17 hours ago

‘We have to find a way’ – Guardiola laments after defeat to Aston Villa

Manchester City finds itself in unprecedented turmoil, with relegation-level form showing little sign of improvement.…

18 hours ago