Fed Govt Budgets N104bn To maintain, Purchase Generators In 2022   Ministries, Departments and Agencies of the Federal Government will in 2022 spend an estimated N104bn on purchasing generators, fuelling and servicing them. The N104bn which will be spent on generators due to the country’s unstable power...

Reps Fault Budget Deficit, Loans, Threaten MDAs     The House of Representatives on Wednesday began the second reading of the 2022 Appropriation Bill during which members debated the general principles of the national budget. The lawmakers took turns to criticise the internal and external borrowings by the...

MDAs Must Generate N1trn Annually To Fund Budget - Lawan   Senate President Ahmad Lawan, yesterday, said the National Assembly would henceforth mount more pressure on revenue-generating agencies to ensure that they remit N1trillion yearly to enable the Federal Government fund its budget. Lawan stated this after...

Senate Says No Capital Allocation For MDAs Without Revenue Projections           The Senate has threatened to reject the capital and overhead proposals of federal ministries, departments and agencies which failed to accompany their 2022 budget estimates with revenue projections for the fiscal year. The red chamber said...

Senate Indicts 39 MDAs Over N2.2bn Payment Advances           The Senate has indicted the Budget Office, the ministries of information, interior and 36 other federal agencies for allegedly failing to retire advances amounting to N2.2bn to the Federation Account. This is part of the Senate resolution after...

65 Govt Agencies Have Never Been Audited - Reps       The House of Representatives Public Accounts Committee has said that 65 agencies have never been audited since they were created. Chairman of the committee, Oluwole Oke, said this at the opening of ‘National Workshop on Auditor-General’s Queries:...