• Presidency asserts FG Has Credit Balance of N1.194tn in TSA

    Presidency asserts FG Has Credit Balance of N1.194tn in TSA

    The Buhari administration revealed to newsmen that the net credit balance of the federal government in the Treasury Single Account (TSA) as of December 2, 2016, was N1.194 trillion rubbishing the allegation made by the Emir of Kano and the former CBN governor, Alhaji Muhammad Sanusi II, that the account of the federal government domiciled at the central bank had been overdrawn to the tune of N4.7 trillion.

    He said last week that the CBN claims on the federal government now […]