e-commerce, e-payment platforms to be accomodated
Nigeria’s minister of finance, Kemi Adeosun, on Tuesday, told newsmen that the government was plaaning to expand the coverage of the Treasury single account(TSA) in 2017.
Adeosun stated that the policy has been a success troy, adding that the federal government will continue to pursue agencies to come under the treasury single account. She revealed that the talks were already being held between the government and TSA service providers for the accommodation of e-payment and e-commerce businesses on the TSA platform. She adds that this will be an advantage to the TSA in terms of competitive pricing.
In her words;
One of the challenges that we have is who should bear the cost of the TSA? Currently, it is being borne centrally but that is not sustainable. We are now working on how to stratify the various agencies. Those who should bear their own costs and costs that should be borne by the government. This will be rolled out in this year.
She also revealed that some banks had not remmitted government funds in their possession.
There are still funds in commercial banks and we have written to the banks, giving them a window to come forward. Where in doubt, they have been asked to consult us. We also have an audit team that has started the process of checking the completeness of monies that were transferred into the TSA and already, they have been able to recover a significant amount of money.