Thu. Sep 19th, 2024

Abia To Embrace Treasury Single Account, Says Alex Otti

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Governor Alex Otti of Abia has hinted that that the state will embrace Treasury Single Account(TSA) with effects from September 1, 2023.

Otti said “by September 1, 2023, Abia State will transition to a Treasury Single Account (TSA) system.

“This move will centralize all state revenue and payments, enhancing transparency and efficiency.

The governor hinted on this during a recent town-hall meeting with the state’s transport unions and market leaders.

Otti further said “ireiterated the benefits of our new digital tax system. This system will fight fraud, streamline tax payments, empower our citizens, generate employment and attract investors.

Related: Your Victory Was Clean And Clear, Eze Nwabeke Tells Otti, As Abia Governor Interacts With Traditional Rulers

“I urge all stakeholders to embrace this shift, knowing it is in the best interest of Abia State and its people”.

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