See what we say? A lot of money - naira and dollars - outside the banking system, aided by bankers, for fear of BVN.....and TSA is making it more difficult for civil servants to re-join the looting....
Both the TSA and BVN have immolated quite a number of corrupt persons in the country, but these steps must be followed up with:
(1) interrogation of unclaimed bank accounts that BVN has "stranded"; they are just waiting for government to "look the other way." By now, any unclaimed BVN-stranded accounts should be confiscated.
(2) hidden bank accounts that TSA has not "arrived" at due to collusion of some MDAs with banks.
(3) fat bank balances that don't seem to have legitimate source of earning, nor are they "moving" in the real sector; we are talking of BILLIONS and TENS of BILLIONS of Naira in individual and corporate accounts. According to the report below, some of them have already been moved out - into wooden and earthen sheds near your neighborhood!
(4) un-registered real estate holdings all over the country whose ownership is "unknown" or suspect, none of them yielding any property taxes.
We have to be more serious in addressing corruption in the country.
BVN - TSA - GIFMIS - IPPIS - we must press on.....
Shaking his head
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