Fed Govt Plans New Policy To Track Public Spending   As the Federal Government struggles to generate revenue and manage its rising expenditure, it plans to launch a new policy for public finance management. This policy, referred to as the Bottom-Up Cash Planning Policy, will be launched...

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...

FG Appoints Okolieaboh As Acting AGF A director at the Treasury Single Account (TSA) department, Mr Sylva Okolieaboh, has replaced Chukwuyere Anamekwe as the acting Accountant General of the Federation (AGF). Earlier in May, Anamekwe was appointed to oversee the accountant general’s office amid a probe...

Senate Gives Accountant-General 24 Hours To Clarify N528bn In NNPC Financials       The Senate on Tuesday gave the Office of the Accountant General of the Federation 24 hours to provide information on N528bn not captured in the Nigerian National Petroleum Corporation financial statement. The Senate Public Account...