President Muhammadu Buhari has given an explanation why the Treasury Single Account was opened by his administration.
Buhari disclosed this on Tuesday at the third National Summit on Diminishing Corruption in the Public Sector.
Speaking on ways to address the critical challenge of the high cost of governance, Buhari vowed that all ghost workers will be severely punished and those who engaged in illegal recruitments.
He said further that Government has noted that some MDAs have devised fraudulent practices of presenting new projects as ongoing projects.