TSA: FG Compiles List Of Erring Banks, MDAs For Sanction   In addition, the federal government has ordered all banks still holding on to government funds “to transfer all remaining balances in the accounts of Federal Government owned MDAs in their custody without express exemption to...

Finance Bill: RMAFC, FIRS Disagree Over Power To Collect, Monitor FG’s Revenue   The Chairman, Revenue Mobilization, Allocation and Fiscal Commission (RMAFC) Ellias Mbam yesterday disagreed with the Chairman of the Federal Inland Revenue Service (FIRS), Dr Muhammad Nami over powers granted the latter to collect...

Presidency Spends N34bn On Food, Travels In Six Years   The Presidency’s budgetary allocations for food and travels hit N34bn in six years, according to data obtained from the appropriation bills of the Federal Government within the period under review. A total of N5.16bn was spent on...

Reps Probe Uber, Bolt, Others Over Tax Returns   The House of Representatives has resolved to investigate the car hire service providers like Uber, Bolt and other technology-based transport companies in Nigeria. The House is to set up an ad hoc committee to “investigate the level of...

Pensioners Receive N17bn Unfunded Liabilities 30 Years After   The federal government has paid over N17 billion unfunded liabilities to pensioners after 30 years. The payment is a significant part of the outstanding pension liabilities owed to pensioners of defunct agencies on Pension Transitional Arrangement Directorate (PTAD)...

Reps Okay Fresh $5.8bn Loan, $10m Grant For Fed Govt   The House of Representatives, on Tuesday, approved external borrowings totaling $5,803,364,553.50 and a grant of $10,000,000 for the Federal Government as part of the proposed 2018–2020 External Borrowing (Rolling) Plan No.3. The approval followed the adoption...