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INVESTIGATION: Nigerian Recovered Assets Suffering ‘neglect’ After Final Forfeiture

INVESTIGATION: Nigerian Recovered Assets Suffering ‘neglect’ After Final Forfeiture     NEWS DIGEST - This report takes a look at how Nigerian government failed to ensure proper utilization of recovered assets, together with the challenges of poor assets management by anti-graft agencies. Assets recovery is a major activity...

OML 112: Court Restrains RMAFC, AGF From Deducting Rivers’ Allocation

OML 112: Court Restrains RMAFC, AGF From Deducting Rivers' Allocation   The Federal High Court, Abuja, has restrained the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) from deducting money from Rivers statutory allocation in respect of the OML 112 Offshore. The court on Monday, in Abuja,...

MTN $1.3bn Tax suit Against FG for hearing Dec. 3

MTN $1.3bn Tax suit Against FG for hearing Dec. 3 A Federal High Court sitting in Lagos, will on Dec. 3 hear a suit by MTN Nigeria Communication Ltd against the Attorney General of the Federation challenging the legality of N242 billion and 1.3 billion...

Implementing PFM Reforms Our Goal- AGF.

Implementing PFM Reforms Our Goal- AGF. The Accountant-General of the Federation(AGF), Mr. Ahmed Idris has expressed the commitment of the Treasury under his leadership to fully implement all the Public Finance Management (PFM) reforms, particularly the Integrated personnel payment Information system, (IPPIS) as directed by...

N10bn Payment to Local Contractors in 2017 Budget – AGF

N10bn Payment to Local Contractors in 2017 Budget - AGF The attention of the Accountant General of the Federation (AGF), Mr. Ahmed Idris, has been drawn to some misleading and false publications by the Premium Times and Saharareporters which alleged extra-budgetary spending over the release...

Anti-graft war: Whistle-blowers to get N2.1bn

All things being equal, whistle-blowers are poised to get N2.1bn reward for their whistle-blowing efforts that have led to major discoveries since December 20, 2016 when the policy was inaugurated by the Federal Government. It was, however, learnt that payment would only be made after...