TSA is a fraud against Nigerian people- Fayose
..Says he will not attend FG’s
meeting with states on TSA
Ekiti State Governor, Mr Ayodele Fayose has said that the Treasury Single Account (TSA) is a fraud against Nigeria and its people.
Governor Fayose stated that he will not attend the meeting called by the federal government with State governors on the TSA, pointing out categorically that the State Government was not interested in the policy.
Fayose said in a press statement issued on Sunday, by his Special Assistant on Public Communications and New Media, Lere Olayinka that “the federal government should rather remove the veil on the face of REMITA so that Nigerians can know the real owners, through whom the All Progressives Congress (APC) is siphoning Nigeria money to fund Kogi and Bayelsa States governorship election.”
The governor said; “From all intent and purposes, this TSA policy is
aimed at recouping money spent on the last general elections by the
APC, as well as raise money for future elections, especially the Kogi
and Bayelsa States gubernatorial poll”.
“It is also meant to enrich some individuals for doing virtually
nothing and that can be seen from the discovery of N25 billion that
already accrued to just a single company in one month!
How can the federal government justify a transaction in which a
single company gets one percent, amounting to N25 billion in one
month?, Governor Fayose querried.
He stated further that, “In this economic situation that Nigeria is, shouldn’t the one percent
commission have been negotiated downward to like 0.1 percent which
would have reduced the N25 billion to N2.5 billion?
Even manufacturing companies, with thousands of employees don’t make
N25 billion profit in one month.
Therefore, what Nigerians are expecting from the federal government
is explanation on the alleged N25 billion naira scam already
associated with the operation of the TSA, instead of calling State
Governors to a meeting that is aimed at imposing the TSA policy on the
States.”
Maintaining that he will not attend the federal government’s meeting
with state governors on the TSA, Governor Fayose said the federal
government cannot force its policies on States that are federating
units in the Nigeria federation.
“Ekiti State is entitled to its own policies and it is not under any
obligation to accept federal government policies, especially the TSA that is already robed in the garment of fraud.
I therefore wish to state categorically that Ekiti State is not
interested in the TSA policy and since the State is not interested, I,
as the custodian of the popular mandate of the entire people of the
State will not attend any meeting called by the Federal Government on
the TSA,” he said.
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