Tinubu pulls FCT out of Treasury Single Account

Post Date : October 13, 2023

 

President Bola Tinubu has pulled the Federal Capital Territory Administration, FCTA, out of the Treasury Single Account, TSA, effectively paving way for the Nyesom Wike-led FCTA to utilize the territory’s Internally Generated Revenue IGR for the development of the nation’s capital.

At a news conference Friday in Abuja, Wike also disclosed that the President has approved the creation of the FCT Civil Service Commission to allow for staff career progression.

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