REMITA

TSA: System Specs Writes President Buhari

November 16, 2015 Leave a Comment

System Specs, the company that owns Remita, the e-payment and e-collection software used by the federal government to implement payments into the Treasury Single Account (TSA), has written a letter to President Muhammadu Buhari on the controversy surrounding the 1% processing fee charged on inflow into the TSA. The company in the letter dismissed allegations […]

N25b TSA Fraud: Senate to investigate Buhari

November 12, 2015 Leave a Comment

The Senate has started investigation into what it called abuse and mismanagement of the Treasury Single Account (TSA) regime, even as it urged the Federal Ministry of Finance and Central Bank of Nigeria (CBN) to suspend further payment into the TSA. Specifically, the Senate observed that the appointment of REMITA – an e-collection agent – […]