President Buhari yesterday met with members of Nigerian Community in London as he embarked on his five days vacation.He disclosed how far his administration has gone and befitted from the TSA which he acknowledged that it was initiated by the past administration but he implemented it and used it to mop up funds.
His words: When we discovered that we were already in trouble, we tried to enforce the TSA. This government did not initiate it, it was the previous government, but it was so unpopular to the previous government. For its own reasons, it couldn’t impose it, but when we came and we found out that we were broke, we saw that this is the way to do it.
I will give you two examples to convince you. Firstly, the NNPC had more than 45 accounts. Ministry of Defence had more than 70 accounts. Tell me which Accountant-General can trace all these accounts? So, we imposed TSA. By the end of December, coming to January 2016, we mopped up more than N2.2trn which would have been used through bureaucratic system to raise vouchers and sign cheques so that they don’t go into the next budget.”
In his entourage are National Security Adviser Babagana Monguno, Minister of Foreign Affairs Geoffrey Onyeama, Acting High Commissioner to London Amb. Simon Ogah and Special Adviser Media & Publicity Mr Femi Adesina.
Photo Credit: Femi Adesina.
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