*Knocks Accountant General’s office for deficiency in collection of operational surpluses *Minister lauds probes Tunde Opalana, Abuja As the Senate Committee on Finance continues its investigations into revenue remittances by over 700 Ministries, Departments and Agencies (MDAs) of the Federal Government, the chairman of the committee, Senator Solomon Adeola (APC, Lagos West) has revealed that […]
The Fiscal Responsibility Commission has said it would carry out system audit of selected Ministries, Departments and Agencies (MDAs) to improve their response rate in revenue returns. Acting Chairman of the commission, Victor Muruako, disclosed this in the 2018 annual report and audited accounts of the commission and made available to journalists in Abuja. Muruako […]
The House of Representatives on Monday says it will unmask Ministries, Departments and Agencies (MDAs) that refused to appear before it with their audited reports. Chairman, House Committee on Public Accounts, Rep. Wole Oke, disclosed this during an investigative public hearing into the presentation of audit reports of MDAs on Monday. The committee is investigating […]
The out-gone Permanent Secretary of the Federal Ministry of Labour and Employment, Bolaji Adebiyi said the Ministry should be ranked among the leading Ministries due to its roles in the sustenance and promotion of peaceful industrial milieu. Adebiyi made the assertion in his office Wednesday during his handing-over ceremony to the acting Permanent Secretary, Ibrahim […]
…Says FG can’t borrow without approval …Pegs oil benchmark at $51 At last, the National Assembly on Wednesday passed the 2018 budget estimated at N9.20 trillion as against N8.612 trillion presented to the National Assembly by President Muhammadu Buhari. Giving the highlight of the budget, the Chairman, Senate Committee on Appropriations, Senator Danjuma Goje, said […]
The Director-General, National Agency for Food and Drug Administration and Control (NAFDAC), Prof. Christianah Adeyeye, has said that the return of the agency to the nation’s ports and borders, would significantly tackle the increasing cases of smuggling of harmful drugs, narcotics and other chemicals of concerns into the country. Adeyeye noted that the return […]
The Minister of Finance, Mrs. Kemi Adeosun, has revealed that the Federal Government has saved N68 billion on personnel cost in 2017; bringing the aggregate savings by the government on personnel cost since 2007 to date to N288 billion. Adeosun made this disclosure on Wednesday during her presentation of “Status Update on the Implementation of […]
Lagos State House of Assembly(LAHA) is set to enact a law that would strengthening electricity generation and ensure 24 hours’ uninterrupted power supply in the state. A bill to this effect would soon be passed into law by the Lagos State House of Assembly. The bill, which went through public hearing on Wednesday, was described […]
President Muhammadu Buhari on Wednesday, ordered all relevant Ministries, Departments and Agencies (MDAs), Banks and Companies to give the Committee full cooperation to the Audit Committee on the Recovery and Management of Stolen Asset in and outside Nigeria. Buhari said that the assignment of the committee is crucial not only to the harvesting of needed […]