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Federal Ministry of Finance
The office of the Auditor-General for the Federation (AuGF) has expressed concerns over irregularities and weaknesses in financial regulations across ministries, departments and agencies (MDAs) of government, especially in the disbursement and utilisation of public funds.
Nigeria Union of Pensioners (NUP), University of Benin branch, has disclosed that the Federal government lost N1 billion monthly to ghost pensioners monthly.
The Medical and Dental Consultants’ Association of Nigeria (MDCAN) has raised the alarm over the very high rate of emigration of Nigeria’s highly trained doctors and other health workers to greener pastures, describing it as a national emergency that should worry a nation that is battling with COVID-19 pandemic.
The Senate on Thursday described the service wide vote in the federal budget domiciled in the Federal Ministry of Finance as the biggest fraud to have happened to Nigeria.
The Federal Government’s inter-ministerial committee on assets disposal said Tuesday that it would create a central database of assets for finally forfeited assets.
The Kano State Government and the state House of Assembly are challenging the jurisdiction of the Federal High Court in Kano to hear a case filed against the proposed N300 billion loan from China Exim Bank.
The Presidential Initiative on Continuous Audit, (PICA) of the Federal Ministry of Finance, in conjunction with the Ministry of Aviation, in Kano, has commenced the verification of ex-workers of Nigeria Airways Limited (in Liquidation).
The Nigeria Customs Service (NCS) said it generated N1.562 trillion in the year 2020 which exceeded the target of N1.381tr by at least N181 billion.
Nwabunike said the association was looking forward to interfacing stronger with the Federal Ministry of Finance, the Central Bank of Nigeria (CBN) and the Bank of Industry (BoI) on the need for a special loan scheme to help logistics firms in expanding and maintaining fleet of heavy duty and lighter vehicles required beyond coverage of train services.
Vice-President Yemi Osinbajo has secured the pledge from cement manufacturers in the country to offer discount on the commodity for the Federal Government’s Social Housing Scheme.
The figure was released Wednesday night by the Federation Accounts Allocation Committee (FAAC), after its December meeting held at the Federal Ministry of Finance headquarters, Abuja.
The present use of 1956 Audit Ordinance by Nigeria has been identified as the major reason for the widespread corruption in the country.
The Senate on Thursday summoned the Minister of Health, Dr. Osagie Ehanire and the Chairman of the Presidential Task Force on COVID-l9, Boss Mustapha, to brief its Committees on Health and Primary Healthcare on modalities the Federal Government would adopt to procure and administer COVID-19 vaccines on Nigerians.
Anambra State government has denied receiving N25 billion bond from the Debt Management Office, DMO, describing as bizarre a statement credited to the Senator representing Anambra South, Senator Ifeanyi that the state government secretly raised the bond without the knowledge of the national assembly.
Plateau State government has denied the allegation of taking $350m African Development Bank, AfDB loan saying such allegation is frivolous as the government only took $11.2 million of which, 70% of the amount is being committed to infrastructure, 20% to capacity building and 10% for project management.
The Federation Accounts Allocation Committee has shared a total of N682.060 billion August 2020 Federation Account revenue to the Federal, States and Local Government Councils and agencies.
The Rivers State Government has signed contracts for the rehabilitation and upgrading of water supply for Port Harcourt and Obio/Akpor Local Government Areas respectively.
The Federal Government has assured medical workers handling COVID-19 pandemic cases across the country of payment of their June hazard allowance from August 10.
The Nigerian National Petroleum Corporation (NNPC) says it is taking legal action against a Mexican international oil firm which it accused of being a crime syndicate, SAMANO SA DE CV, and its officials over attempts to swindle the Nigerian government of over $125 million.
The Central Bank of Nigeria, CBN, yesterday, re-assigned two companies as Pre-Shipment Inspection Agents (PIA) for non-oil exports in the northern and south-western parts of the country.
Senator Uba Sani representing Kaduna Central, in the upper chamber, stated that he is elated by the passage of his Bill for an Act to Repeal the Banks and Other Financial Institutions Act 2004.
Police in Cameroon have arrested nine people on suspicion of homosexuality, most of them at an HIV/AIDS care centre, an LGBT rights lawyer said on Thursday.
Ukraine named a former finance minister as ambassador to the United States on Thursday, a sign of its push to upgrade ties with Washington under President Joe Biden after it was sucked into an awkward role in Donald Trump’s first impeachment.
Buhari stated this on Thursday while declaring open a joint security meeting of Northern State Governors’ Forum, Northern Traditional Rulers Council and delegation from the federal government in Kaduna State.
The Dutch parliament on Thursday passed a non-binding motion saying that the treatment of the Uighur Muslim minority in China amounts to genocide, the first such move by a European country.
The White House has not made a final decision on participation in the Winter Olympics in Beijing, a spokeswoman said on Thursday, as Republican lawmakers call for the United States to boycott the Games in 2022.
The pandemic concerns, that forced several European matches featuring football clubs from the English Premier League to be played at neutral venues due to the travel advisory against anyone coming from the United Kingdom, remain in place all across several tiers of the UK.
Gunfire and rockets exploded on Friday in Mogadishu as Somali government forces clashed with protesters angered by delayed elections, hours after fighters loyal to the government and to the political opposition exchanged gunfire.
The Spanish left-back’s camp had been working on a move away from the Blues after he was frozen out by ex-Stamford Bridge boss Frank Lampard.
Senegal began its coronavirus vaccination campaign on Tuesday with 200 000 doses that it purchased from China's Sinopharm, which it received last week.
The Bayelsa State Police Command has arrested two suspects for allegedly vandalising and stealing mast inverter batteries belonging to a telecommunications company.