TSA: Why FG has not paid us – SystemSpecs

The developer of the Treasury Single Account (TSA) solution, SystemSpecs Limited, said the Federal Government has yet to pay them because the committee set up to review the TSA agreement has not concluded its work. The company’s Managing Director and CEO, Mr John Tani Obaro, disclosed this in Abuja at the sideline of the Nigeria […]

The developer of the Treasury Single Account (TSA) solution, SystemSpecs Limited, said the Federal Government has yet to pay them because the committee set up to review the TSA agreement has not concluded its work.
The company’s Managing Director and CEO, Mr John Tani Obaro, disclosed this in Abuja at the sideline of the Nigeria Internet Governance Forum.
Obaro, who was represented by the company’s Abuja head, Uche Obiofuma, said SystemSpecs had agreed with the government to renegotiate the contract terms which will now stipulate the mode of payment.
“We have still not been paid, what we have agreed on is to renegotiate on the term and mode of payment. And we are waiting for the findings of the committee setup by the Minister of Finance to look into the issue”, he said.
He said recommendations were being made and “we hope the government will implement the recommendations in good faith.”
He said it took the software company about five years to come up with the TSA solution and making it flourish will only be to the country’s advantage.