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Friday, May 3, 2024

Abia State to transition to Treasury Single Account September – Gov Otti

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Abia State Governor, Dr Alex Otti, on Thursday disclosed to the people of the state to be ready to embrace transition to Treasury Single Account (TSA) by September 1.

The Governor made the disclosure during a recent town hall meeting with market leaders and state’s transport unions in the state.

In a Twitter post on Thursday, the governor 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.

“During a recent town-hall meeting with the state’s transport unions and market leaders, I reiterated the benefits of our new digital tax system.

“This system will fight fraud, streamline tax payments, empower our citizens, generate employment and attract investors.

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

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