TSA: FED GOVT TARGETS N1.5tr REVENUE –

TSA: FED GOVT TARGETS N1.5tr REVENUE – The Treasury Single Account (TSA) is expected to raise Federal Government's independent revenue from N490 billion in this year's budget to N1.51 trillion, FBNQuest, an investment and research arm of FBN Holdings Plc, has said. In a report titled: 'Greater caution on Domestic Borrowing', the firm hinged its forecast on the success of the TSA and the expectation that Ministries, Departments and Agencies (MDAs) will surrender their operating surpluses in line with the Fiscal Responsibility Act 2007.
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