Former Vice President Atiku Abubakar has raised strong concerns over what he described as the clandestine appointment of a private firm allegedly linked to Alpha Beta to manage the processing and collection of the Federal Government’s Treasury Single Account (TSA).
In a statement posted on his official X (formerly Twitter) handle, Atiku accused President Bola Tinubu of making the appointment “behind closed doors,” without transparency, due process, or the involvement of key government officials responsible for financial oversight.
According to the former Vice President, the Federal Government’s decision to hand over TSA processing to a company with alleged ties to Alpha Beta raises serious questions about conflict of interest and the integrity of Nigeria’s public finance management system. Atiku argued that such a critical national function should not be outsourced in secrecy or entrusted to entities with controversial histories.

He further alleged that the beneficiary company shares “significant similarities” with Alpha Beta—a firm frequently referenced in political and financial controversies—adding that the move reinforces public concerns that President Tinubu continues to favour companies connected to him.
Atiku’s statement has ignited conversations across political and civic spaces, with many Nigerians expressing worry about the opaque nature of the engagement and its implications for accountability in public finance.