FCT removed from Treasury Single Account

President Bola Tinubu has revealed that he removed the Federal Capital Territory, FCT, from the single treasury account, TSA, to accelerate development.

A statement by presidential spokesperson, Bayo Onanuga, said Tinubu made this announcement when the FCT Minister, Nyesom Wike, led the Abuja community in paying the president a Sallah homage.

Tinubu explained that he removed the FCT from the TSA because the system was hindering infrastructure growth in the nation and required review for impact and progress.

According to the president, Wike embodies diversity within Nigeria. President Tinubu emphasized that freeing the FCT from TSA restrictions has rapidly catalyzed infrastructure improvements, enhanced healthcare services, and increased security measures.

President Tinubu praised the FCT Minister for demonstrating that liberation from bureaucracy was necessary and for restructuring the FCT public service to allow civil servants to aspire to higher positions and provide leadership.

He encouraged FCT residents and other Nigerians to look beyond ethnic and religious affiliations in their leadership choices and focus more on results.

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