Fresh Audit Report Indicts 37 Fed Govt Agencies   The Senate on Tuesday started the consideration of the 2016 Auditor General report as the Panel on Public Accounts indicted 37 Ministries, Departments and Agencies (MDAs) for violation of financial procedure. The consideration of the report, which started...

Cutting Governance Cost’ll Not Solve Revenue Problems - Akabueze       The Director General of the Budget Office of the Federation, Ben Akabueze, on Tuesday said cutting budget allocations to Federal Government agencies would not have a significant impact on Nigeria’s revenue. Akabueze said this in Abuja at...

The Senate ad-hoc committee probing misuse and under remittance of Internally Generated Revenue (IGR) has uncovered over N1.695 trillion unremitted by Federal Government agencies. The committee is also investigating other fraudulent activities in collection, accounting, remittance and expenditure of IGR. The nine-member committee headed by Senator...