FG lashes Out Fayose And Melaye Over TSA Comments

The federal government has lashed out at Ekiti state governor, Ayo Fayose and Senator Dino Melaye for alleging fraud in the implementation of the Treasury Single Account (TSA) by the Buhari administration.

Alhaji Lai Mohammed

Recall that while Senator Melaye also claimed on the floor of the Senate that the firm managing the remittances had deducted a whopping N25 billion as fees.
Leadership reports that in dismissing the claims, the federal government said all the claims are mere “contrived distraction.” The minister of Information and Culture, Lai Mohammed, said that there is nothing true about the allegations from Fayose and Melaye.

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 “It is understandable that the psyche of those who are making the frivolous allegations concerning the TSA has been badly affected by the impunity that permeated the country under the immediate past administration, when un-appropriated funds were freely used to finance elections and the public till was seen as an extension of personal piggy banks.

“But the lies that have been wilfully disseminated by scandalmongers over the TSA cannot, and will not, fly because it was precisely to put an end to such impunity that Nigerians voted massively for President Muhammadu Buhari, who has an unblemished reputation for integrity, due process, transparency and the rule of law.

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 “Those behind the rumour that a single company, Systemspecs, made N25 billion from charging 1 per cent of TSA funds that passed through the company’s software, Remita, may need to return to elementary school to get some lessons in arithmetic. This is because in order for 1 per cent charge to fetch N25 billion, the funds accruing into the TSA must have reached N2.5 trillion. Yet, the total amount of funds in the TSA to date is still much less than N2 trillion.”

He further said that although the TSA was initiated under the previous administration, the reason it has however has a fresh start under Buhari.
Meanwhile,
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