The Independent Corrupt Practices and Other related Offences
Commission (ICPC) has indicted the Nigerian National Petroleum
Corporation (NNPC) and the Nigerian Customs (NCS) over its failure
to comply fully with the implementation of the Federal government e
government policy otherwise known as the Treasury Single Account.
(TSA).
This was contained in the report of the corruption risk
assessment of Nigeria”s e -government system conducted by the
commission. early this year.
The anti graft agency lamented that despite the awareness on the
Federal government policy some ministries ,department and agencies
were yet to comply with the directive on the Treasury Single
Account.
it also expressed worry that some commercial banks and income
generating agencies were still using parallel platform and analog
system in the collection of certain funds.
Parts of the reports read “In particular some high volume
revenue generating agencies including the Nigerian National
Petroleum Corporation and the Nigerian Customs Service among others
still do not use Treasury Single Account (TSA) for collection of
revenue”
The report further stated “An additional challenge is the
continued resistance by some commercial banks to use TSA due to the
loss in beneficial earning it implies”
Giving an overview of the report yesterday at the stakeholder”s
validation meeting on the report of corruption risk assessment of
Nigeria’s e- government in Abuja , ICPC spokesperson Mrs Rasheedat
Okoduwa said the commission will embark more on the sensitization
of government agencies on the use of TSA , adding that the TSA was
initiated to reduce corruption in the country.
Okoduwa also expressed concerned over the absence of a legal
framework to strengthen the policy, she however urged the
government to provide a robust legal frame work for the policy to
succeed.
The Independent Corrupt Practices and Other related Offences
Commission (ICPC) has indicted the Nigerian National Petroleum
Corporation (NNPC) and the Nigerian Customs (NCS) over its failure
to comply fully with the implementation of the Federal government e
government policy otherwise known as the Treasury Single Account.
(TSA).
This was contained in the report of the corruption risk
assessment of Nigeria”s e -government system conducted by the
commission. early this year.
The anti graft agency lamented that despite the awareness on the
Federal government policy some ministries ,department and agencies
were yet to comply with the directive on the Treasury Single
Account.
it also expressed worry that some commercial banks and income
generating agencies were still using parallel platform and analog
system in the collection of certain funds.
Parts of the reports read “In particular some high volume
revenue generating agencies including the Nigerian National
Petroleum Corporation and the Nigerian Customs Service among others
still do not use Treasury Single Account (TSA) for collection of
revenue”
The report further stated “An additional challenge is the
continued resistance by some commercial banks to use TSA due to the
loss in beneficial earning it implies”
Giving an overview of the report yesterday at the stakeholder”s
validation meeting on the report of corruption risk assessment of
Nigeria’s e- government in Abuja , ICPC spokesperson Mrs Rasheedat
Okoduwa said the commission will embark more on the sensitization
of government agencies on the use of TSA , adding that the TSA was
initiated to reduce corruption in the country.
Okoduwa also expressed concerned over the absence of a legal
framework to strengthen the policy, she however urged the
government to provide a robust legal frame work for the policy to
succeed.
Read more https://nairalaw.com/icpc-indicts-nnpc-customs-over-non-implementation-of-tsa/