Remita – InfoStride News

Remita Scandal: From The Senate Hyperbole To The Confession Of The CBN Governor, Any Truth Uncovered?

Ade Adewale — Fri, 11 Dec 2015 17:19:56 +0000

The full implementation of Treasury Single Account (TSA) by the President Muhammadu Buhari-led government, with the core objectives of blocking leakages in government revenues and expenditures across board, is quite outstanding and laudable for its clear potentials to salvage the Nigerian economy from decline to prosperity. At the time when heads are nodded in appreciation [...]

Source from InfoStride News

Has President Buhari Lost Touch With Reality? – Femi Fani-Kayode

Wale Adebayo — Sun, 29 Nov 2015 12:13:31 +0000

Former Aviation Minister Femi Fani-Kayode has lamented the decision of the presidency and the Nigerian Army to deny the alleged death of about 159 soldiers fighting insurgency in the northeast. He called the action “wickedness of the highest order. “Aside the 105 soldiers killed by Boko Haram, additional 34 soldiers were killed two days ago [...]

Source from InfoStride News

Treasury Single Account Fiasco: Count Me Out Of Systemspecs/Remita Contract Controversy, Says AGF

Wale Adebayo — Wed, 18 Nov 2015 22:37:04 +0000

As controversy rages over the management of the Treasury Single Account (TSA), the Accountant General of the Federation (AGF), Alhaji Ahmed Idris, has denied having any knowledge of the contract signed between the Federal Government and SystemSpecs, the owners of the Remita e-payment solution that has been deployed to process transactions of the TSA. He [...]

Source from InfoStride News

Lai Mohammed Dismisses Allegations Of Treasury Single Account Fraud

Wale Adebayo — Tue, 17 Nov 2015 11:16:46 +0000

The Minister of Information and Culture, Alhaji Lai Mohammed has dismissed as a contrived distraction the alleged fraud in the Treasury Single Account (TSA) and the rumoured diversion of the TSA funds to bankroll elections in Bayelsa and Kogi States. ”It is understandable that the psyche of those who are making the frivolous allegations concerning [...]

Source from InfoStride News

Treasury Single Account Probe: E-Collection Agent Accused Of Receiving 25bn Naira Fights Back

Wale Adebayo — Sun, 15 Nov 2015 16:44:48 +0000

The parent company of Remita, the e-payment and e-collection software deployed by the federal government to drive implementation of the Treasury Single Account (TSA), System Specs, has described recent allegations of wrongdoing against it as a ploy to frustrate the scheme. The Senate had on Tuesday mandated its Committees on Finance, Banking and Financial Institutions [...]

Source from InfoStride News

Senate Probes Nigeria’s Treasury Single Account Over Claim That Collection Agent Gets 25billion Naira

Wale Adebayo — Fri, 13 Nov 2015 09:26:43 +0000

The Senate resolution followed a motion by Dino Melaye (APC-Kogi West) who argued that choosing a company, Remita, as the Federal Government’s electronic collection agent, violated Nigerian laws, including section 162 (1) of the 1999 Constitution as amended, Central Bank of Nigeria, CBN, Act, and Bank and other Financial Institutions Act, BOFIA, 2007. He said [...]

Source from InfoStride News