- November 1, 2018
- Posted by: Godwin Elijah
- Category: National News
The federal government has approved a new Treasury Single Account – TSA tariff model which mandates that the service charge on payment to its Ministries, Departments and Agencies -MDAs, from today November 1, would be borne by the payer.
This revelation emerged at the One-Day Stakeholder Sensitisation Exercise on TSA e-Collection Charges held in Abuja, organised by the Office of the Accountant General of the Federation.
According to information emanating from the office of the Accountant General of the Federation, Ahmed Idris, under the new model, all funds collection into the TSA would require payers to bear the transaction cost, replacing the previous one where the federal government bore the charges on all transactions to the service providers on behalf of payers.