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Akwa Ibom's IGR Reaches N7 Billion Monthly After TSA Implementation
Akwa Ibom State's internally generated revenue (IGR) has risen from N2 billion to N7 billion monthly following the implementation of the Treasury Single Account (TSA) policy. The TSA policy, which took effect on January 1, 2026, requires all government Ministries, Departments, and Agencies to remit revenues to a single account, ensuring transparency.
Akwa Ibom State Governor Umo Eno expressed satisfaction with the TSA policy's performance during the Government House Monthly Prayer Service in Uyo on Saturday. Eno reaffirmed his administration's commitment to increasing the state's IGR to a sustainable level in the coming months. He wants Akwa Ibom to be self-sustaining, with sufficient revenue to cover salaries. Eno urged all government bodies and financial stakeholders to adhere to TSA regulations to further boost revenue. He cautioned that any compromise or sabotage would be met with consequences. Eno stated that his administration's development initiatives are based on the ARISE Agenda, his economic blueprint, and community needs assessments.
Key Facts
- Akwa Ibom State's IGR has increased to N7 billion monthly after TSA implementation.
- The Treasury Single Account (TSA) policy took effect January 1, 2026.
- The TSA mandates that all government entities remit revenues into a single account.
- Governor Umo Eno wants Akwa Ibom to be self-sufficient and able to pay salaries through IGR.
- Eno cautioned against any compromise or sabotage of the TSA policy.
- The governor's development strides are based on the ARISE Agenda.
Primary Source
Research Sources
- Punch Newspapers — A'Ibom IGR hits N7bn monthly after TSA implementation -- Gov Eno