Fed Govt Kick-starts 2021 Budgetary Process   The federal government has commenced preparation of its 2021 budget, as the Ministry of Finance, Budget and National Planning has received anticipated personnel costs for next year, from various Ministries, Departments and Agencies, MDAs. This followed the Personnel Cost Budget...

Senate Probes HoS, Perm Secs Over MDAs’ Job Scandals     The Senate has demanded detailed written submissions from the Head of Service of the Federation, permanent secretaries and heads of federal ministries and agencies on the levels of their involvement in the job racketeering scandal going...

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   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   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   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...