FG Retains N4.23trn Revenue, Records N5.33tn Deficit in Eight Months The Federal Government has has disclosed that it recorded a deficit of N5.33tn between January and August 2022, which is N430.82bn above the prorate level. FG spent N9.56tn from January to August 2022, out of N11.55tn...

Fed Govt Projects N120trn As Three-year Consumption Expenditure   The Federal Government has projected an average of N120tn as consumption expenditure by Nigerians on which value-added tax will be charged between 2023 and 2025. This is according to the Medium Term Expenditure Framework and Fiscal strategy paper...

Reps, Finance Ministry Disagree Over N2.8bn Payment To OPEC       The House of Representatives and the Ministry of Finance yesterday disagreed over the procedure for paying N2.8 billion to the Organisation of Petroleum Exporting Countries (OPEC) in 2017. The Ministry appeared before the Public Accounts Committee of...

Dikwa: An Outstanding Public Accountant By Abba Dukawa Attributes of Public officeholder should include honesty, courage, dedication, intelligence, foresight, maturity and compassion among others. Well-positioned and revered seasoned public officers are assessed by their moral conducts and characteristics. It is a fact that the nation’s public service...

FG Explains Paris Club Refund to States The Federal Ministry of Finance has provided some clarifications on the Paris Club Refund approved for the 36 States of the Federation. It will be recalled that the issue of Paris Club loan over-deduction had been a long...

Nigeria Has Attracted $6.8bn Investments In 9 Months – NBS The nation attracted $6.85bn worth of investments in the first nine months of 2017; while some state governments took advantage of portfolio investors’ appetite for the Nigerian market, others allowed the opportunity to slip. Between January...