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Cleaning the MDAs through Forensic auditing

The Federal Government has ordered all Ministries, Departments and Agencies (MDAs) to prepare an inventory of all fixed assets held as at 31st December 2016 to facilitate physical verification of all assets owned by the MDAs by its project team. As a matter of...

Can The Economic Recovery Plan Succeed?

The Federal Government through the Ministry of Budget and National Planning is currently in the process of developing a National Economic Recovery and Growth Plan (NERGP). The plan targets key economic and social issues for the coming three years.  The plan sets out a...

FG Completes 1, 350 Houses for Allocation to Civil Servants

A total of 1, 350 houses have been completed at various locations in Abuja and Lagos and their letters of allocation are ready for distribution under the Federal Integrated Staff Housing (FISH) programme. This initiative of the Head of the Civil Service of the...

Govt Explains Delay in Salaries of Federal Workers

The Federal government has given reasons why staff of some ministries, departments and agencies(MDAs) are yet to receive their salaries for November because the agencies have exhausted their budgetary allocations. The Minister of Finance, Kemi Adeosun, made stated this while speaking with state house correspondents...

N450 Unremitted Revenue N793 million More Recovered

As the Federal Government intensifies efforts to recover unremitted operating surpluses by Agencies and increase Independent Revenue, an additional sum of N793 million has been recovered from three Federal Government Agencies by the Recovery Committee set up two weeks ago by the Minister of...

CBN, 16 other MDAs to Refund N450bn Operating Surpluses

The Federal Government has said that the Central Bank of Nigeria and sixteen other government agencies are to refund the sum of N450 billion which represents outstanding and recoverable operating surpluses in line with the Fiscal Responsibility Act (FRA). Finance Minister, Kemi Adeosun disclosed this...