Minister of Information and Culture, Lai Mohammed, has suggested that Governor Ayodele Fayose of Ekiti and others kicking against President Muhammadu Buhari’s Treasury Single Account policy should return to elementary school because they have failed to understand the workings of the policy.
“Those behind the rumour that a single company made N25 billion from charging one per cent of TSA funds that passed through the company’s software, may need to return to elementary school to get some lessons in arithmetic,” he said in a statement issued by his Special Adviser on Media, Mr Segun Adeyemi, in Abuja, Nigeria’s capital.
“This is because in order for one 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 2 trillion.
Read more:
No comments:
Post a Comment