The Managing Director of SystemSpecs Limited, Mr. John
Obaro, has declared that his team using its Remita platform has delivered on
its mandate as far as Treasury Single Account (TSA) deal with the Central Bank
of Nigeria (CBN) and by extension the Federal Government is concerned, reports
ITRealms.
“We’re glad and proud that we have delivered,” he
declared in response to the controversy surrendering the Senate intervention
which claimed that subsisting 1 per cent charge on transaction was enormous.
He also said that the TSA project goes beyond revenue
collections and extends to payments, accounting information exchange and
update.
This is he said, in addition leverages on “full
real-time integration with Government Integrated Financial Management
Information System (GIFMIS), integration with the national financial services
ecosystem enabling payers across multiple platforms, 24/7 user support for
50,000 FGN TSA users of Remita platform, among others.”
Electronic collections (e-collections) schemes anywhere
in the world, he said, are a product of negotiations based on scope and
complexity of tasks involved.
Therefore, Obaro explained that the subsisting 1 per
cent charge eventually agreed by the CBN, banks and SystemSpecs at the
commencement of the project was considered a good starting point which could be
reviewed based on emerging realities.
“This much is a clear and integral part of our
contracts with the CBN,” he said.
Obaro lamented that the resounding success of the TSA
project has obviously attracted attention from different quarters which may
include those benefiting from the old pre-TSA order, competitors who lost out
in the selection process, un-informed or under-informed commentators, among
others.
“In it all, we have always been and will remain fully
committed to the full resolution of any issue surrounding the commercial
component of our contract in the overall larger national interest,” he assured.
He, however, commended the Senate for its avowed commitment
to preserving the national interest, the government for entrusting such a
significant national IT project to an indigenous firm, and numerous Nigerians
who continue to objectively analyse issues and encourage SystemSpecs,
particularly during these times.
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Pix: Managing Director of SystemSpecs Limited, Mr. John Obaro,
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