Buhari’s Treasury Single Account is a fraud, says Fayose

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Eromosele Ebhomele
Ekiti State Governor, Ayodele Fayose
Governor Ayodele Fayose of Ekiti state on Sunday declared he was not attending the meeting called by the Federal Government with state governors on the Treasury Single Account, TSA.
Fayose said his decision stems from his belief that the Ekiti state government was not interested in the TSA policy introduced by President Muhammadu Buhari, which, according to him, is a fraud against Nigeria and its people.
The governor said this in a press statement issued by his Special Assistant on Public Communications and New Media, Lere Olayinka.
Fayose asked the Federal Government to rather remove the veil on the face of REMITA, the alleged firm handling the TSA contract, “so that Nigerians can know the real owners, through whom the All Progressives Congress (APC) is siphoning Nigeria money to fund Kogi and Bayelsa states governorship election.”
“From all intent and purposes, this TSA policy is aimed at recouping money spent on the last general elections by the APC, as well as raise money for future elections, especially the Kogi and Bayelsa States gubernatorial poll.
“It is also meant to enrich some individuals for doing virtually nothing and that can be seen from the discovery of N25 billion that already accrued to just a single company in one month!
“How can the Federal Government justify a transaction in which a single company gets one percent, amounting to N25 billion in one month?
“In this economic situation that Nigeria is, shouldn’t the one percent commission have been negotiated downward to like 0.1 percent which would have reduced the N25 billion to N2.5 billion?
President Muhammadu Buhari of Nigeria introduced TSA
“Even manufacturing companies, with thousands of employees don’t make N25 billion profit in one month.
“Therefore, what Nigerians are expecting from the Federal Government is explanation on the alleged N25 billion scam already associated with the operation …Read More

Source:: PM Newspaper