No Government Ministry,Department or Agency is Exempted From TSA -CBN Governor

                         

Governor of Central Bank of Nigeria  Godwin Emiefele,said on Tuesday that no Ministry ,Department or Agencies is exempted from the Treasury Single Account Policy adopted by Buhari Administration contrary to recent report.


“I haven’t seen any memo that exempts any MDA from the TSA. So as a result, I will advise all those who think they have been exempted to please avoid creating confusion.
“I will appeal to those who are affected by the TSA to please continue to comply with the movement of accounts from other banks to the CBN,” he said

There was an earlier report that 13 Agencies Including Nigeria National Petroleum Corporation NNPC,Bank of Industry,Niger-Delta Power Holding Corporation, has been exempted from  the TSA policy.
the report quote the memo was from the office of the Accountant General of the Federal directing the CBN to exempt the agencies listed from making Remittance to the TSA for now.