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JUST IN: Tinubu Pulls Out FCT From Treasury Single Account
EKO HOT BLOG reports that President Bola Ahmed Tinubu has pulled the Federal Capital Territory Administration (FCTA) out of the Treasury Single Account (TSA).
The announcement was made today (Friday) by the FCT Minister, Nyesom Wike, during a press conference in Abuja.
understands that the new order FCT Administration would have to utilize the territory’s Internally Generated Revenue IGR for the development of the nation’s capital.
Minister Of The Federal Capital Territory, FCT, Nyesom Wike
Wike confirmed this during the press conference, adding that the President has approved the creation of the FCT Civil Service Commission to allow for staff career progression.
He revealed that the President also approved the establishment of the Woman Affairs secretariat, which would be commissioned next week.
The minister expressed sadness, however, that the nonexistence of the CSC has made it impossible for directors in the FCTA to attain the position of Permanent Secretary.
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