Home Breaking News BREAKING: Buhari excludes Finance Ministry from TSA
BREAKING: Buhari excludes Finance Ministry from TSA
In Abuja on Tuesday, the President of Nigeria, Major General Muhammadu Buhari (retd.), gave his approval for the Ministry of Finance Incorporated to be partially excluded from the Treasury Single Account. He also granted the Board of MOFI's request to charge management and transaction fees,
Additionally, the Minister of Power has been included in the Governing Council. The President highlighted the importance of supporting MOFI as a government-owned investment company to achieve strong returns on investments and contribute to the country's economic development.
This decision was made during the 1st Governing Council meeting of MOFI, which was launched on February 1, 2023, with the aim of transforming it from a registry of investment records to a top-notch asset and investment management company.
source; punchng.com
link; https://punchng.com/breaking-buhari-excludes-finance-ministry-from-tsa/
0 Comment
Related Post