• Home
  • Photo News
  • News
    • NGO/CSO
    • Photo News
    • OrientalNews 7th Anniversary
    • Press Releases
    • World News
    • Nigeria News
    • Politics
    • Opinion
    • Sports
  • Interviews
  • SMEs
  • Law
    • Crime
  • Travel & Tours
    • Aviation
    • Tourism
  • Energy
    • Oil & Gas
    • Power
  • Business
    • Banking & Finance
      • Capital Market
      • Money Market
    • Pension
    • Insurance
    • Brands & Marketing
    • IT & Telecoms
    • Labour
    • Agriculture
    • Maritime
    • Property
    • Manufacturing
  • Regulators
    • Nigeria Bureu of Statistics
    • PENCOM
    • NAICOM
    • SEC
    • NSE
    • CBN
Facebook X (Twitter) Instagram
Sunday, July 20
  • About us
  • Terms of use
  • Privacy Policy
  • Disclaimer
  • Advertize here
  • Contact us
Facebook X (Twitter) Instagram
Oriental News Nigeria
  • Home
  • Photo News
  • News
    • NGO/CSO
    • Photo News
    • OrientalNews 7th Anniversary
    • Press Releases
    • World News
    • Nigeria News
    • Politics
    • Opinion
    • Sports
  • Interviews
  • SMEs
  • Law
    • Crime
  • Travel & Tours
    • Aviation
    • Tourism
  • Energy
    • Oil & Gas
    • Power
  • Business
    • Banking & Finance
      • Capital Market
      • Money Market
    • Pension
    • Insurance
    • Brands & Marketing
    • IT & Telecoms
    • Labour
    • Agriculture
    • Maritime
    • Property
    • Manufacturing
  • Regulators
    • Nigeria Bureu of Statistics
    • PENCOM
    • NAICOM
    • SEC
    • NSE
    • CBN
Oriental News Nigeria
Home»News»Nigeria News»CLO Presses On Senate To Investigate N25Bn TSA Transfers
Nigeria News

CLO Presses On Senate To Investigate N25Bn TSA Transfers

By orientalnewsngNovember 17, 2015No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Yemisi Izuora
EZIKE IBECHUKWU
The Civil Liberties Organisation (CLO) has called for a thorough investigation over the alleged illegal Treasury Single Account (TSA) transfers.

The Organisation in a statement by Ibuchukwu Ohabuenyi Ezike, its Executive Director noted that
“Section 162 (1) of the 1999 Constitution (as amended) is crystal clear on TSA when it states that “the federation shall maintain a special account to be called the Federation Account into which all revenues collected by the government of the federation except the proceeds from the personal income tax of the personnel of the Armed Forces of the Federation, the Nigeria Police Force, the ministry or department of government charged with foreign affairs and the residents of the FCT, Abuja”.

The CLO wondered how the present administration came about the appointment of an electronic collection agent, Remitta, to handle the TSA transfers at 1 per cent commission, by which it is alleged to have earned well over N25 billion.

Besides, assuming it were constitutional to appoint an e-collection, it has not been established that there was a transparent and competitive process towards the selection of the said e-collection agent, it said.

“The CLO is, therefore, totally on the same page with the Senate on this matter. We support Senate’s call on the CBN to suspend such unconstitutional transactions. We also fully support the decision of the Senate to probe the entire matter and come out with the truth about the alleged fraud.

Furthermore, the CLO is disturbed by the news report that there were painstaking efforts by certain Senators to sabotage the patriotic motion by Senator Dino Melaye urging the Hallowed Chambers to fully investigate the corruption and bring the perpetrator(s) to book. We make bold to say that any Nigerian who is against this nationalistic move by the Senate to rid Nigeria of graft is not only against the APC change ideology but an enemy of Nigeria” Ezike stated.

The statement further noted, “We were very disturbed to read that the late commencement of plenary on that day, and eventual boycott of plenary by some Senators, was a fallout of the said Senators’ alleged inability to stop the day’s business or expunge such a critical motion from the Order Paper.

Such ugly stories are the last things Nigerians expect to hear in this administration. We urge the Senate to not only probe the said TSA graft, but also beam its searchlights on its own members that allegedly tried to sabotage the motion seeking the investigation of the said scandal”.

Speaking further the CLO noted that it is very pertinent to emphasise that Nigerians elected President Muhammadu Buhari in the hope that he would lead a government that would stamp out corruption from our body polity, pointing that “the said over N25 billion TSA scandal at a time when Mr. President had announced to the whole world in India that Nigeria was “broke” is certainly not a good commentary on an administration supposedly founded on integrity and headed by this President.

Share this:

  • Share
  • Click to email a link to a friend (Opens in new window) Email
  • Tweet
  • Click to share on Reddit (Opens in new window) Reddit
CLO Presses On Senate To Investigate N25Bn TSA Transfers featured
orientalnewsng

Related Posts

TRIBUTE BY HIS EXCELLENCY, PRESIDENT BOLA AHMED TINUBU, GCFR, AT THE SPECIAL SESSION OF THE FEDERAL EXECUTIVE COUNCIL HELD IN HONOUR OF THE LATE PRESIDENT MUHAMMADU BUHARI, GCFR THURSDAY, JULY 17, 2025 STATE HOUSE, ABUJA

July 18, 2025

Nigeria Declares Tuesday Public Holiday To Honour Former President Buhari …FEC Meeting Deferred

July 14, 2025

Tinubu Shocked Over Buhari’s Death 

July 14, 2025

Leave A Reply Cancel Reply

2025 OrientalNews Conference

0
Years
:
0
Months
:
0
Days
:
0
Hrs
:
0
Mins
:
0
Secs
The latest
  • Lagos To Build More Technical Colleges 
  • FMDQ Academy Launches In-Personnel Financial Training 
  • First Bank Achieves N1 Trillion In Digital Loan Disbursement 
  • SanlamAllianz Nigeria Launches Nationwide Writing Competition 
  • Olukoyede Warns Against Naira Abuse 
  • Tinubu Eulogizes Dantata’s Integrity 
  • FG Denies Involvement In First HoldCo Share Acquisition 
  • NCS Spokesman To Receive Top Nigeria 2025 PR Award 
  • PenOP Holds Cancer Awareness Session For Young Professionals 
  • NSML Reaffirms Commitment To Capacity Building
Categories
Quick Links
  • About us
  • Terms of use
  • Privacy Policy
  • Disclaimer
  • Advertize here
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Copyright © 2025 Oriental News Nigeria. All right reserved.

Type above and press Enter to search. Press Esc to cancel.