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Reps Seek Financial Autonomy For Auditor-general’s Office

Reps Seek Financial Autonomy For Auditor-general’s Office   The House of Representatives’ Committee on Public Accounts has called for both administrative and financial autonomy for the Office of the Auditor General of the Federation to ensure optimal performance and transparency in its operations. The Chairman of the...

Govt Officials’ Estacodes, Others Gulp $3.9bn In One Year

Govt Officials’ Estacodes, Others Gulp $3.9bn In One Year   The amount of foreign exchange used for the payment of estacodes and Personal Travel Allowances to Ministries, Departments and Agencies as well as to fund Bureaux De Change operations was $3.95bn in 2019, according to the...

External Reserves Gained $5bn In October – CBN

External Reserves Gained $5bn In October - CBN   Nigeria’s external reserves rose by $5.05bn in October, the latest data from the Central Bank of Nigeria showed on Wednesday. The reserves increased from $36.78bn on September 30 to $41.83bn as of October 29. The Deputy Governor, Financial Systems...

Customs Target N2trn Annual Revenue

Customs Target N2trn Annual Revenue   The Nigeria Customs Services is planning to generate N2tn this year and about N1.6tn of this amount is expected to be made from the South-West geopolitical zone. According to a report, the NCS generates about 80 per cent of its annual...

FG to Expend N2.3bn on Senate Building, Conference Centre for University of Abuja

The Federal Executive Council has approved the sum of N2.3 billion for the construction and furnishing of a new Senate Building and 1000-capacity Conference Centre for the University of Abuja. This is coming days after some lecturers and their family members were abducted by...

FG to Spend N1.55bn on Customs Operational Vehicles

The Federal Executive Council has approved the sum of N1.55 billion for the procurement of 46 operational vehicles for the Nigeria Customs Service. This was disclosed by the Minister of State for Budget and National Planning, Clement Agba. "Today, the Council approved the procurement...