Minister of Information and Culture, Alhaji Lai Mohammed

Treasury Single Account is a unified public accounting system, that requires all government revenue, receipts and income, to be into a dedicated account, maintained by the Central Bank of Nigeria.

The newly appointed Minister of Information and Culture, Alhaji Lai Mohammed, said those peddling negative stories about the Treasury Single Account, are being dishonest.

Treasury Single Account is a unified public accounting system, that requires all government revenue, receipts and income, to be into a dedicated account, maintained by the Central Bank of Nigeria.

He said this in a statement signed by his Special Adviser, Segun Adeyemi.

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Mohammed “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 unappropriated funds were freely used to finance elections and the public till was seen as an extension of personal piggy banks.”

The minister also said “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.”

Lai Mohammed served as the National publicity secretary of the All Progressive Congress (APC), before his appointment as a minister.

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