President Bola Tinubu removed the Federal Capital Territory (FCT) from the Treasury Single Account (TSA) “to expedite development” as well as “enhance resident participation in governance”.
According to the Presidency, “the President, who received FCT residents at the Presidential Villa for Sallah homage, said the bureaucracy associated with the TSA was hampering infrastructure growth in the capital and had to be reviewed for impact and progress.”
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