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MDAs’ Retirees Get Paid N980bn Arrears

MDAs’ Retirees Get Paid N980bn Arrears   The Federal Government has paid a total of N980.18bn to retirees of treasury funded Ministries, Departments and Agencies (MDAs) from the inception of the Contributory Pension Scheme in 2004 to December 2021. The Director-General, National Pension Commission (PenCom) Aisha Dahir-Umar,...

Towards a Reformative Approach for Enhancing Cybersecurity

Towards a Reformative Approach for Enhancing Cybersecurity By Zeenat O. Sambo -April 11, 2022 Technological advancement has led the world to a whole new level. Cybercrime has also become more sophisticated and taken a worrisome dimension under the new normal. Internet crime range from romance scams to...

Ministry, Police, Seven Others Spent N49.5bn Without NASS Approval – Auditor General

Ministry, Police, Seven Others Spent N49.5bn Without NASS Approval – Auditor General     The Office of the Auditor General of the Federation has disclosed that nine Ministries, Departments and Agencies of the Federal Government spent about N49.5bn above their approved budgets between 2018 and 2019. The OAuGF...

CBN, SEC, Others To Lift Financial Sector With Fresh N1.54trn Investment

CBN, SEC, Others To Lift Financial Sector With Fresh N1.54trn Investment     Federal Government Ministries, Departments and Agencies, especially financial services regulators are to invest N1.54tn in five years to boost liquidity in the financial services sector. According to the Federal Government National Development Plan 2021-2025, the...

Customs, Immigration, 13 Others Fail To Remit N127.1bn – Audit Report

Customs, Immigration, 13 Others Fail To Remit N127.1bn – Audit Report   The Office of the Auditor General of the Federation has disclosed that 15 Ministries, Departments, and Agencies failed to remit N127.13bn revenue to the Consolidated Revenue Fund between 2017 and 2019. The OAuGF made this...

FG Releases N16.7bn For Accrued Pension Rights

FG Releases N16.7bn For Accrued Pension Rights   The Federal Government has released N16.67 billion for payment of accrued pension rights under the contributory pension scheme, the Director-General, National Pension Commission (PenCom), Mrs. Aisha Dahir-Umar has said. Mrs. Dahir-Umar, who made this known yesterday in a statement,...