ASUU Has Been Vindicated Over IPPIS Opposition - FUO Chairperson   The chairperson of Academic Staff Union of universities (ASUU) Federal University Otuoke, Bayelsa State chapter, Dr Socrates Ebo, has stated that the arrest and detention of the Accountant General of the Federation, Ahmed Idris, has...

FG Raked In N1.25bn IGR In 2021   The Accountant General of the Federation (AGF), Ahmed Idris, has said the deployment of Treasury Revenue Directors to 10 Federal Government Owned Enterprises (FGOEs) is yielding results as Internally Generated Revenue (IGR) has improved. While giving an assessment of...

Reps To NSIA: Present Your Budget Or Get Zero Allocation In 2022     The House of Representatives’ Committee on Finance has vowed to block allocation to Nigerian Sovereign Investment Authority if it fails to present its 2022 budget proposal to the National Assembly for consideration and...

Senate To AGoF: Sanction Officers Involved In $274.2m External Loan Losses       The Senate has asked the Accountant General of the Federation, Ahmed Idris, to identify and sanction his officers who were allegedly responsible for the $274.2m (N54.1bn) which Nigeria lost on external loans transaction. The red...

Rising Oil Price Puts More Pressure on NNPC’s Finances       Crude oil extended its gains at the weekend after closing at a six-week high with signs of strengthening demand in key markets, thereby piling more pressure on the ability of the Nigerian National Petroleum Corporation (NNPC)...

Tough Times Beckon As NNPC Says No FAAC Remittance For May       The three tiers of government, federal, states and local governments, are in for tough times next month as they may get less from the Federation Account, no thanks to the huge payment the Nigerian...