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Workshops on Cost Management for Govt Agencies Underway

The Efficiency Unit in the Federal Ministry of Finance has concluded arrangements for a series of workshops on Cost Management for officers of Federal Ministries, Departments and Agencies (MDAs) and their counterparts in the 36 States of the Federation. The workshops are part of the...

FG Releases N350 Billion to MDAs

…plans $1 billion loan for Capital projects The Federal Government plans to release the sum of N350 billion to Ministries, Departments and agencies (MDAs) for their capital projects in the next one week. Finance Minister, Mrs. Kemi Adeosun who spoke to newsmen at the Finance Ministry...

FG’s Efficiency Unit Project: Saving Cost, Blocking Leakages

Earlier in the year, the federal Government set up the Efficiency Unit in the Federal Ministry of Finance as part of its plans to reduce both overhead and other costs and wastages. Towards this end, government recently banned the procurement and distribution of conference...

FG to Sanction Heads of Agencies over Abuse of Procurement Act

...Insists contracts, projects should only be advertised in national dailies, tenders board The federal government has said it would henceforth sanction any chief executive or director general heading government departments, agencies or parastatals over the abuse of the Public Procurement Act 2007. This was made known...

Cutting Cost: Buhari Bans Conference Bags, T-shirt

In continuation of the on-going cost-cutting and efficiency drive in the utilization of public funds by the present administration, the Federal Government has banned the procurement and distribution of conference bags, T-shirts and other souvenirs at events and activities such as Conferences, Workshops and...

FG Seeks Equity In N6.5tr Infrastructure Expenditure

Efforts are under way to ensure that the Federal Government leaves no part of the country out of the planned expenditure of N6.5 trillion on infrastructural development in the country. The government wants equity in the distribution of the funds to all zones and...