On January 1st, 2026, Akwa Ibom State reached a pivotal milestone in its journey toward sustainable economic growth. With the official implementation of the Treasury Single Account (TSA), Governor Umo Eno has signaled the end of fragmented fiscal management and the beginning of a transparent, unified financial era.
By mandating that all Ministries, Departments, and Agencies (MDAs) funnel revenues into a single consolidated account, the administration is not just changing an accounting method, it is redefining the “aesthetics” of governance through order, precision, and accountability.
Before the TSA, the existence of multiple government bank accounts often led to “idle cash” sitting in various commercial banks while the government simultaneously paid interest on loans to fund its operations. One of the economic significance of this policy thrust is plugging the leaks.
The economic benefits of this consolidation include enhanced liquidity management. The government now has a real-time view of its total cash position, allowing for better planning and immediate funding of critical infrastructure.
Although this particular administration is known for not borrowing as a result of its prudent management of resources, the consolidated TSA system aims at reducing cost of borrowing by utilizing its own internal resources more effectively, the state minimizes the need for high-interest short-term loans.
The conscious elimination of the “generate and spend” culture ensures that every naira earned by an MDA is accounted for and directed toward the collective goals of the 2026 budget, this will undoubtedly guarantee revenue optimization.
Governance is often judged by its “aesthetics”, the perceived organization, professionalism, and reliability of its systems. The TSA brings a certain beauty to the administrative outlay of Akwa Ibom State, creating order over chaos. It streamlines the payment process for citizens and contractors, replacing a confusing web of accounts with a simplified, credible system as a result, uniformity is established.
Akwa Ibom State under the leadership of Pastor Umo Eno has made no secret about its intentionality to adopt ICT in governance, the transition is not only a display of digital sophistication but moves the state closer to a fully e-governance model, reducing manual errors and the “human element” that often invites corruption. Whenever there is a will; there is a way. The Governor’s firm stance on “consequences for defaulters” adds a layer of seriousness and discipline that enhances the public’s trust in leadership. It is therefore safe to say that , a political will has found a political way.
The TSA is the ultimate tool for fiscal transparency. It creates a clear audit trail that makes it nearly impossible for public funds to be diverted or mismanaged without detection.
“The era of MDAs generating and spending funds outside the TSA is over. This is about ensuring that the resources of the people are used strictly for the people, as approved in our fiscal roadmap.”
By centralizing expenditures, the administration ensures that spending remains within the limits of the 2026 Budget. This prevents the common pitfall of extra-budgetary spending, ensuring that developmental projects, from rural roads to healthcare, receive their allocated funding without delays caused by revenue “leakages.” Accountability and transparency has become the order of the day.
Governor Umo Eno’s implementation of the TSA is more than a policy shift; it is a legacy of responsibility, a moral contract with the people of Akwa Ibom. This will ensure that the state’s wealth is no longer scattered across a thousand hidden corners, but is instead harvested and utilized as a powerful engine for collective prosperity. As the 2026 fiscal year unfolds, the TSA will undoubtedly stand as the cornerstone of this administration’s commitment to effective, transparent, and people-centered governance.
Chief Patrick Edeke ANIPR writes from Akai-Atti Udesi in Mbo LGA of A’Ibom State