By [Nelo] | March 30, 2025
Introduction
President Bola Tinubu has defended his administration’s decision to remove the Federal Capital Territory (FCT) from the Treasury Single Account (TSA), emphasizing that it was necessary to fast-track infrastructure development and improve governance in Abuja.
Key Points from Tinubu’s Statement
The TSA’s bureaucratic process slowed down critical infrastructure projects in the FCT.
The removal allows for more efficient management of funds, leading to faster project execution.
The decision has already resulted in significant improvements in roads, healthcare, and security.
Tinubu Commends Wike’s Leadership
Tinubu praised FCT Minister Nyesom Wike for spearheading the move, stating that it has:
Opened up rural areas for development.
Revived abandoned government projects, including the Vice President’s official residence.
Reformed the FCT public service, creating leadership opportunities for civil servants.
Public Reaction and Analysis
The decision has sparked mixed reactions, with some stakeholders supporting the move for its potential to drive growth, while others caution against financial mismanagement. Analysts note that the policy shift could redefine governance in the capital.
Tinubu’s Call for Unity
The President urged Nigerians to focus on leadership effectiveness rather than ethnic and religious biases, emphasizing that results should guide political choices.
Watch Tinubu’s Full Statement
Watch Here:
