Finance

Tinubu Delists FCT From TSA, Minister To Enjoy Financial Autonomy

President Bola Tinubu has made the decision to remove the Federal Capital Territory Administration (FCTA) from the Treasury Single Account (TSA).

This was announced during a press conference held on Friday in Abuja.

This strategic move is anticipated to facilitate the advancement and expansion of the FCTA under the leadership of the FCT Minister.

Reports say Nyesom Wike will enjoy greater financial autonomy.

Wike confirmed this during the press conference, adding that the President has approved the creation of the FCT Civil Service Commission to allow for staff career progression.

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He revealed that the President also approved the establishment of the Woman Affairs secretariat, which would be commissioned next week.

The minister expressed sadness, however, that the nonexistence of the CSC has made it impossible for directors in the FCTA to attain the position of Permanent Secretary.

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Alex Enemanna

A print journalist with vast knowledge of political developments in Nigeria. Passionate about equity and fairness through robust developmental journalism.

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