Payers to now bear cost of paying into TSA

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Accountant-General of the Federation, Mr Ahmed Idris

The Nigerian government has said that the service charge on all payment to its ministries, departments and agencies [MDAs] into Treasury Single Account would be borne by the payer.

The new regime is expected to begin on November 1, 2018.

This was revealed at the recently concluded One-Day Stakeholder Sensitisation Exercise on TSA e-Collection Charges held in Abuja on Tuesday, October 30 2018, organised by the Office of the Accountant General of the Federation.

The new model would, therefore, replace the previous one wherein the merchant —in this case, the federal government — bore the charges on all transactions to the service providers on behalf of payers.

In the previous tariff regime, the federal government owed the…



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