University Don Hails FG’s TSA Policy

The Vice Chancellor, Bayero University Kano, Professor Yahuza Bello has said that the introduction of Treasury Single Account (TSA) has simplified the running of Universities in Nigeria.

“What has changed under the TSA regime was our fund that is domiciled at the Central Bank, unlike in the past where such monies are concentrated in commercial banks,” Bello told reporters in Kano on Sunday.

The Vice Chancellor revealed that sequel to the TSA regime, account staff have retrained to handled the exigencies, adding that “it takes only one person now to perform the job of 10 people”.

“We have no problem with TSA, what has changed was that our money is now domiciled at the Central Bank, and we have no problems assessing them,” Professor Yahuza said.

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