Remita, the e-payments and e-collections solution platform developed by SystemSpecs Limited, has won an international award. The platform is used by federal government agencies for the treasury single account (TSA), which has been reputed as saving trillions of naira usually lost to corruption because of the opaque nature of government accounting. SystemSpecs Limited, one of Nigeria’s leading […]
The Nigerian Senate has terminated the contract of System Specs Ltd, the company responsible for the REMITA platform for the Treasury Single Account (TSA). The Senate also called for the prosecution of the ‘culprits’ involved in the contract. The report on the abuse and mismanagement of the TSA was read on the floor of the […]
Senate has ordered its committee on finance, banking, other financial institutions and public account to carry out a holistic investigation on the management of the treasury single account (TSA). In a motion co-sponsored by 35 senators, Dino Melaye, senator representing Kogi west, had alleged that there were underhand practices in the management of the TSA. […]
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