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November 22, 2024

Abia go transition to TSA in September – Otti

Abia-go-transition-to-TSA

Governor Alex Otti of Abia State yarn say hin State go transition to TSA, treasury single account by September dis year.

Di announcement dey contained inside statement wey dey issued via hin verified Twitter handle on Thursday.

Also, Otti yarn say di move go centralize all state revenue and payments, also, di initiative go enhance transparency and efficiency.

In addition, hin encourage stakeholders for di state to embrace dis shift, as “na for di best interest of Abia and di people,” Otti yarn say di system go fight fraud, streamline tax payments, generate employment and attract investors.

Hin write, “Transition to a Treasury Single Account.

 

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“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 di state’s transport unions and market leaders, I repeat di benefits of di new digital tax system.

Also, hin tok say di system go fight fraud, streamline tax payments, empower di 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.”

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