the administration of ex-president Goodluck Jonathan had no appetite to
implement the treasury single account (TSA) policy.
speaking at the opening ceremony of the open government partnership [OGP] week
held in Abuja.
government-regulated account where all government revenues and incomes are
domiciled. Jonathan introduced the policy in 2015 “to aid transparency”.
policy existed as a mere idea under the past administration.
account (TSA) system that existed mainly as an idea, without the appetite for
serious implementation,” he said.
President Buhari in August 2015, we have made remarkable progress in expanding
the reach of the TSA, so that today, we are almost at 100 percent compliance.”
“threatened the very fundament of our existence”.
of record oil revenues between 2011 and 2013/2014, we saw no savings, and very
little investment in infrastructure and jobs, and, in spite of the billions of
dollars reportedly invested in security, the Boko Haram insurgency and other
cases of insecurity did not abate,” he said.
two-step approach to dealing with this scourge of systemic corruption. The
first is to stop grand corruption and the accompanying impunity.
enduring one, is what this week is about, creating a self- sustaining system
that assures transparency and accountability.”
current administration has made “remarkable progress” in pushing the frontiers
of transparency and accountability in the federal government.