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Why politicians are not sharing money for 2019 elections- Alibaba

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Ace comedian and public affairs commentator, Alibaba has revealed the reason politicians are not keen about sharing money for the forthcoming elections.

The comedian made this known on his Instagram page adding that the money  isn’t available for them to spend anyhow because it is in the Treasury Single Account.

 

Treasury Single Account is a  public accounting system using a single account, or a set of linked accounts by government to ensure all revenue receipts and payments are done through a Consolidated Revenue Account (CRA) at the Central Bank of Nigeria (CBN).

The pilot TSA scheme commenced in 2012 using a unified structure of accounting for 217 government Ministries, Departments and Agencies, MDAs, for accountability and transparency in public fund management.

Alibaba wrote on Instagram: “By now, all traditional and new media would have been loaded with adverts and campaign materials. Oya na, do it let’s see. The good thing in all of these that is happening, is, that, gradually, CASH POLITICS, PAY AS YOU GO ELECTIONS, and HIGHEST BIDDER GETS VOTES… will soon be eradicated or at least reduced”.

 

 

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