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TSA: NCC moves to CBN payment platform

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Following the directive of President Muhammadu Buhari to all Ministries, Departments and Agencies on the Treasury Single Account, the Nigerian Communications Commission has moved to the Central Bank of Nigeria’s payment gateway, Remita.

In a notice to all stakeholders in the communications industry on Tuesday, the regulatory agency said Remita had provided up to six channels to make payment for services promptly.

The notice read in part, “Further to the presidential directive that all Federal Government agencies should commence full implementation of Treasury Single Account with effect from 15th of September 2015, the hereby informs all stakeholders that it now collects payments through the payment gateway.”

According to the , any stakeholder paying for services rendered by the commission is required to go to the payment site to generate a Remita Retrieval Reference, a unique payment reference for the transaction.

Then the Remita Retrieval Reference will be presented at any payment channel chosen by the payer. The channel could be a branch of a bank or an electronic channel.

Buhari had given all the MDAs a September 15 deadline to comply with the directive.

The directive required all the MDAs to pay all revenues and monies accruing to the government into a federal sub-treasury account maintained by the CBN.

The Office of the Accountant General of the Federation disclosed that at the expiration of the deadline, 600 MDAs had complied with the directive, while 300 were unable to meet the deadline.

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