...Recently, TedikomProjects declared to give in more details about treasury single account Nigeria based on the requirement of the students.
"With especial regards to revenue collections, the government banking procedures may consist of several bank accounts which can be maintained with commercial banks but the cash balances in all such government accounts should be cleared daily and swept to the treasury single account Nigeria which is the main treasury account at the Central Bank", said one of the employees of this company.
"Central Bank of Nigeria playing the lead role while maintaining treasury single account must ensure that government's retail banking transactions are performed effectively and efficiently by the commercial banks that shall in turn guarantee all federal government entities and their transactions are well captured", said another employee of this company at the big event.
TedikomProjects also asserted that through the use of sub treasury single accounts and where this is not possible, every State or Local government must be compelled to institute treasury single account at their own level of government.
To know more about Treasury single account Nigeria, you can visit their website today.........