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Reading: PDP group question removal of FCT funds from TSA, says it breeds corruption
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Citizenship Daily > Blog > News > PDP group question removal of FCT funds from TSA, says it breeds corruption
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PDP group question removal of FCT funds from TSA, says it breeds corruption

Editor
Last updated: April 10, 2025 4:28 pm
Editor Published April 10, 2025
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By Folorunso Alagbede, in Abuja

The Conference of Professionals in the Peoples Democratic Party (CP-PDP) has described the removal of the Federal Capital Territory (FCT) from the Treasury Single Account (TSA) by President Bola Ahmed Tinubu as an invitation to unaccountability and recklessness in the management of the resources of the Territory.
The PDP group said this on Thursday in a statement by its Protem National Coordinator, Barrister Obinna Nwachukwu in Abuja.
The CP-PDP claimed that since the removal of the FCT from the TSA, all the collected levies are no longer being spent in non-compliance with public due process by officials of the Territory.
The revenues collected in FCT, the group added, have now been removed from the monitoring mechanisms of the Treasury Single Account (TSA).
According to the CP-PDP, “As professionals, the Conference, after thorough review, submits that the arbitrary removal of the FCT from the TSA by President Bola Ahmed Tinubu is an invitation to unaccountability and recklessness in the management of the resources of the Territory.
“The Conference therefore demands that the Minister of the FCT, Nyesom Wike convene a live media public hearing and open the books of the FCT for public scrutiny in line with the demands of accountability and transparency under a democratic government.
“Moreover, the FCT Minister is availed the opportunity of the public hearing to clear the air on the issues as well as come clean on the source of funding for his foreign trips, partisan engagements and heavy convoy, since assumption of office which create the impression that the Minister is in popularity contest with the President.
“While awaiting the FCT Minister on the earliest date, time and venue for the live media public hearing, the CP-PDP directs all professionals in public accounts, procurements, land management, contract award and implementation, project engineering and monitoring to immediately commence compilation of necessary materials as memoranda ahead of the hearing”, the group said.
Continuing, the group said, “The Minister of the Federal Capital Territory (FCT), Abuja, Chief Nyesom Wike is demanded to hold a live media public hearing and allow Nigerians to engage him on the management of funds and lands in the FCT, the same way he has been holding live media chats on the activities of the PDP.
The PDP group assured Nigerians of its commitment towards democracy, transparency, stability and growth in the polity.

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