President Tinubu pulls FCT out of TSA

President Bola Tinubu has pulled the Federal Capital Territory Administration, FCTA, out of the Treasury Single Account, TSA.

FCT Minister, Nyesome Wike revealed this at a news conference on Friday in Abuja

The decision will effectively pave the way for FCTA to utilize the territory’s Internally Generated Revenue IGR for the development of the nation’s capital.

President Tinubu also approved the creation of the FCT Civil Service Commission to allow for staff career progression.