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The Accountant-General of the Federation, Ahmed Idris, has stated that the balance in Excess Crude Account (ECA) as at April 23 stands at $1.8 billion ($1,829,862,047.42).
The president’s letter, which was obtained by newsmen from sources in the House of Representatives, indicated that Buhari only wrote to the National Assembly leadership on April 13, 2018, and it was received in the Office of the Speaker of the House on April 17, 2018.
Mr Ahmed Idris, the Accountant-General of the Federation (AGF), has said that N10 billion paid for local contractor’s liabilities was duly appropriated for in the 2017 budget.
The federal government has finally extended the implementation of 2017 capital budget to June 5, 2018, shifting forward the conclusion of the capital vote spending by two months from the March 31 cut-off date it earlier instructed ministries, departments and agencies (MDAs).
The monthly Federal Account Allocation Committee meeting, which began on Tuesday was inconclusive due to discrepancies of about N37.76 billion in revenue presented by the NNPC.
The Federal Government has commenced negotiations with all service providers on the Treasury Single Account in a bid to reduce the cost of running the policy.
The House of Representatives’ committee on health on Wednesday summoned the Minister of Budget and National Planning, Udoma Udo Udoma; Minister of Finance, Kemi Adeosun; and the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele; to explain why they classified the National Health Insurance Scheme (NHIS) as a revenue generating institution which should pay ‘operating surplus’ to the federation account.
The Federation Account Allocation Committee (FAAC), yesterday, announced the disbursement of the total sum of N635.55 billion to the three tiers of the federation for the month of February as revenue received in January 2018.
The National Economic Council was on Thursday given an interim briefing on the NEC Working Group’s assignment on herdsmen-farmers clashes.
The Honourable Minister of Finance, Mrs. Kemi Adeosun, has challenged Treasury managers to ensure transparency and accountability in the management and control of the country’s public finance.
A civil society activist in Maiduguri, Mr. Ahmed Idris, has called for proactive measures to monitor repentant Boko Haram insurgents recently handed over to Borno Government.
The Accountant General of the Federation, AGF, Ahmed Idris, has revealed that the federal government has released N35 billion to fulfil its promise to settle the backlog of promotion arrears owed federal civil servants across the federation.
The federal government has ordered vendors of Ministries, Departments and Agencies (MDAs) to display their Tax Identification Numbers (TINs) on their invoices before payments are effected by the MDAs.
The federal government has made good its promise to release the balance of the Paris Club refund to states, as 27 states of the federation have so far benefitted from the latest refunds.
The Federation Account Allocation Committee has distributed N609.95 billion to Federal, States and Local Governments as revenue generated in November.
Following the approval of $1 billion for the war against Boko Haram, to be taken from the Excess Crude Account (ECA), the opposition Peoples Democratic Party (PDP) yesterday demanded that an apology be tendered to Nigerians by the All Progressives Congress-led federal government “for deceiving Nigerians on the state of war against Boko Haram.”
Governor Godwin Obaseki of Edo State has assured people of Ekperi in Etsako Central Local Government area that his administration would continue to ensure that their is peaceful coexistence among his party and other political in the state.
Angola’s Supreme Court on Friday handed a five-year jail sentence to Jose Filomeno dos Santos, the son of the oil-rich country’s former president, for fraud when he headed the national sovereign wealth fund.
Senior Staff Association of Nigeria Universities, SSANU, has dissociated itself from the solidarity protest by the acting Chairman of the University of Lagos, Unilag chapter, Comrade Olusola Sowunmi on the removal of the Vice-Chancellor of the University, Prof. Toyin Ogundipe by the University’s Council.
Administrators in Uganda’s capital city Kampala have started a public campaign, urging people to report any suspected cases of COVID-19.
Sarina Wiegman is to replace Phil Neville as head coach of the England women’s football team next year, the Football Association (FA) announced on Friday.
The 32-year-old left Stamford Bridge at the end of his contract after a seven years at the club, with Chelsea only willing to offer him a two-year deal rather than the player’s desired three years.
The members of the last year’s presidential election petition court have been recommended to President Muhammadu Buhari for appointment as Justices of the Supreme Court.
About 13 persons were feared dead in an early morning attack on Ukpogo community, Edikwu Apa Local Government Area of Benue State, yesterday, by suspected armed militia gang over disputed chieftaincy stool.
Nigeria defender Chidozie Awaziem has rejected a loan move to Turkish club Caykur Rizespor.
He disclosed that the major reason for such interest is to get favour, warning that “if we leave it to the system that is going on at the moment; we are clearly headed in the wrong direction because interest whether private, political or group influences how judges are appointed.”