$37.6m Audit Funds: Reps Move To Sanction DG Budget Office         The Public Accounts Committee of the House of Representatives Thursday resolved to pursue sanctions against the Director-General of the Budget office, Dr. Ben Akabueze. The Committee led by Rep. Wole Oke(PDP-Osun) made the decision, after adopting...

House Summons Finance Minister, Others Over Non-audit Of 801 MDAs, 110 Foreign Missions         The House of Representatives has expressed concern and dissatisfaction over the inability of the office of the Auditor General of the Federation (oAuGF) to audit 801 federal agencies and parastatals and Foreign...

Panel Kicks As Finance Minister, Others Shun Budget Performance Sitting         The Minister of Finance, Zainab Ahmed, the Director General of Budget Office, Ben Akabueze and the Accountant General of Federation Ahmed Idris, on Thursday, failed to appear before the Senate Committee on Appropriation over the...

Oilfield Bid Round: Fed Govt May Generate N3.17bn From Fees   The Federal Government may generate at least N3.17bn from the payment of fees for the marginal fields put on offer for bidding, data obtained from the Department of Petroleum Resources have shown. Indigenous oil firms and...

Buhari Renews Akabueze’s Tenure As Budget Office DG   President Muhammadu Buhari has approved the renewal of the tenure of Mr Benjamin Akabueze as Director- General of the Budget Office of the Federation. The development was disclosed in a statement signed by Special Adviser, Media and Communications,...

Fed Govt Targets N103bn From Gas Flaring Penalty     The Federal Government has said gas flare penalty payment by oil and gas companies in the country will increase to N103.51bn this year. The Director General, Budget Office of the Federation, Ben Akabueze, disclosed this in a presentation...