Why Our Administration Removed FCT From TSA, – Tinubu

Why Our Administration Removed FCT From TSA, – Tinubu

President Bola Ahmed Tinubu has explained why his administration removed the Federal Capital Territory (FCT) from the Treasury Single Account (TSA).

According to Tinubu, the FCT was removed from TSA to expedite development and enhance resident participation in governance.

The President stated this when he hosted FCT residents at the Presidential Villa for Sallah homage.

According to him, the bureaucracy associated with the TSA was hampering infrastructure growth in the capital city and had to be reviewed for impact and progress.

A statement by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, on Sunday, March 30 quoted him to have said: “I remember the day that the FCT Minister came to meet me, and he said, please take us out of the problem of the TSA so that I can do more work and achieve more. I said show me what you are about to do, and he presented his thinking and belief.

“And everything started changing rapidly. I started seeing the opening up of the rural areas by the FCT, the resuscitation of abandoned projects, and the completion of the Vice President’s official residence that was abandoned for years. The FCT rehabilitated health care centres, upgraded facilities for school children, and provided furniture.

“We wouldn’t have been able to open our mouths to celebrate if not because of the progressive ideas you brought to FCT. We can now celebrate the innovative ideas brought to the FCT.

“Today, we live in peace, and security is improving. Hunger is coming down. Food prices are lowering. We can go to the market and do business. And our diversity and belief in ourselves are becoming stronger.

“We are not looking for magic. We are looking for results. We are looking for comfort. We are praying for good health. We are looking for someone who cares,” the President noted.

“The job is not just about Wike or me, but everyone. Nyesom Wike is proving the diversity of Nigeria. He strengthened that diversity to develop prosperity, showing us that we are all members of one family, living together in the same house, in different rooms, and under one roof.

“All I appeal for is tolerance, which has brought us this far. We have learnt some lessons from Ramadan. May the lessons continue to be with us.”