NASS Probes MDAs Over N600bn Illegal Spending
The House of Representatives Committee on Public Accounts has commenced a full-scale investigation of 115 ministries, departments and agencies of the Federal Government for spending over N600bn outside their approved budgets on salaries and allowances.
Office of the Auditor...
FIRS Demands N1trn Tax Remittance From MDAs
The Federal Inland Revenue Service (FIRS) has written ministries, departments and agencies (MDAs) to refund over N1 trillion in taxes they have failed to remit.
A source at the FIRS told The Nation that MDAs are expected to collect...
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
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
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
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...