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Fed Govt Raises MDAs Operating Surplus To N916.87bn

Fed Govt Raises MDAs Operating Surplus To N916.87bn In a bid to secure alternative sources of funding, following the crash in crude oil price, the Federal Government has raised the target set for Ministries, Departments and Agencies through the payment of operating surplus from N849.97bn...

MDAs Remitted N1.5trn Operating Surplus In 11 Years — FRC

MDAs Remitted N1.5trn Operating Surplus In 11 Years — FRC   A total of N1.551tn operating surplus of some revenue generating agencies of government was remitted to the Federal Government Consolidated Revenue Fund from 2007 to 2018. This was disclosed in the 2018 Annual Report of the...

MDAs Record N13.72bn Revenue Shortfall

MDAs Record N13.72bn Revenue Shortfall   The sum of N622.9bn was remitted to the Federal Government by its ministries, departments and agencies between January and December last year as captured under the Fiscal Responsibility Act. The revenue collection of N622.9bn when compared to the N631.08bn target set...

BPP Cautions MDAs Against Illegal Contracts

BPP Cautions MDAs Against Illegal Contracts   The Bureau of Public Procurement has warned Ministries, Departments and Agencies of the Federal Government against violation of provisions of the Public Procurement Act in the award of contracts. BPP E-Procurement Manager, Isaac Mokuolu, gave the warning at a training...

The Looming Deadline For MDAs To Join IPPIS

The Looming Deadline For MDAs To Join IPPIS By Salisu Na’inna Dambatta   The Minister of Finance, Budget and National Planning, Hajiya Zainab Shamsuna Ahmed, on September 10, 2019 informed all federal Ministries, Departments and Agencies (MDAs) who have not yet enrolled their staff on the Integrated Payroll and...

NERC To Discos: Issue Meter To MDAs Before August 31

NERC To Discos: Issue Meter To MDAs Before August 31   The Nigerian Electricity Regulatory Commission has ordered power distribution companies to install meters in all ministries, departments and agencies of both federal and state governments before the end of August. It gave the order in a...