FG Implements Finance Act, Charges 7.5% VAT On Transactions   The Federal Government has begun the implementation of some aspects of the Finance Act with the imposition of 7.5 per cent Value Added Tax on government transactions. The Accountant-General of the Federation, Alhaji Ahmed Idris, confirmed the...

AGF Queried Over Non-disclosure Of N57bn FG Grants   The Accountant General of the Federation, Alhaji Ahmed Idris, has been queried by the Auditor-General for the Federation, Mr. Anthony Ayine, over his failure to disclose details of N57.62bn Federal Government grants and contributions given in 2017. The...

Accountant-General: FG Saved N37bn Adhering To Promotion Arrears Template   The Accountant-General of the Federation, Alhaji Ahmed Idris, has said that the Federal Government has saved N37bn by insisting on adhering to government’s promotion arrears template. He said this when the National Executive of the Association of...

As FAAC Allocates N610bn, Govt Revenue Drops By N42bn The gross revenue that accrued into the federation account dropped by N42bn from N547.46bn recorded in December last year to N505.24bn in January. This was disclosed shortly after the end of the Federation Account Allocation Committee meeting...

AGF: 685,000 Workers’Salaries Moved To IPPIS Platform   The Accountant-general of the Federation, Alhaji Ahmed Idris, on Thursday said the Federal Government had moved the salaries of 685,000 government workers in 480 Ministries, Departments and Agencies to the Integrated Personnel Payroll Information System. He said this during...

The Federal Government has lost over N70 billion to failed banks in the country, the Accountant-General of the Federation, Alhaji Ahmed Idris, has said. He said this in a presentation on the ‘Challenges of the implementation of the Treasury Single Account in the Nigerian public...