Home Topics Federal Ministry of Finance

Federal Ministry of Finance

Professor Biodun Ogunyemi

ASUU: Why we are against inclusion of lecturers in IPPIS

The Academic Staff Union of Universities (ASUU) says it strongly believes that the introduction of Integrated Payroll and Personnel System (IPPIS) into federal universities will compound the problem of regular flow of fund and personnel management.
Prof. Abdullahi Shehu, former Director, Economic and Financial Crimes Commission (EFCC) Training Academy has called on governments and anti-graft agencies to honour the five per cent whistle-blower commission to motivate people to give information.

Former EFCC official urges governments to honour whistle-blower commission

Prof. Abdullahi Shehu, former Director, Economic and Financial Crimes Commission (EFCC) Training Academy has called on governments and anti-graft agencies to honour the five per cent whistle-blower commission to motivate people to give information.
President Muhammadu Buhari in his goodwill message to the Esogban by the Senior Special Assistant on Media and Publicity, Mallam Garba Shehu, joined members of Edebiri family, friends and well-wishes in celebrating an important and respected son of Bini Kingdom’s rich culture and heritage.

President Buhari sacks investment tribunal chief

Barely two years after his appointment, President Muhammadu Buhari at the weekend sacked Chairman, Investment and Securities Tribunal (IST), Mr. Siaka Isiah Idoko-Akoh. A senior official of the tribunal, Mr. J. I. Udunni, has been appointed to replace him.
President Buhari departs Abuja for New York, USA ahead of the 74th Session of United Nations general Assembly on 22nd Sep 2019

Union lauds President Buhari for sacking tribunal chairman

The Amalgamated Union of Public Corporations Civil Service Technical and Recreational Services Employees (AUPCTRE) has commended President Muhammadu Buhari for removing Mr. Siaka Isiah Idoko-Akoh as the Chairman, Investment and Securities Tribunal (IST).
The Bauchi state governor, Sen. Bala Mohammed, on Friday, inaugurated the newly appointed 20 commissioners as members of the State Executive Council (SEC).

Bauchi government signs MoU to build 2500 housing units

Bauchi State government has signed a Memorandum of understanding (MoU) with the Friends Home Fund to build 2500 Housing Units worth 15 Billion Naira in the state.

Ministry: Why 7.5 percent VAT is necessary

The federal government has defended its decision to increase Value Added Tax (VAT) from 5 to 7.5percent.

Zamfara youths petition ICPC over alleged diversion of N300 million constituency project funds

Following the alleged diversion of N300 million budgeted for procurement of health care facilities at the Federal Medical Center, Gusau, youths from Zamfara State under the aegis of Health, Safety and Environment Charity Initiative, Tuesday protested in front of the headquarters of the Independent Corrupt Practices Commission (ICPC), demanding that an investigation be conducted into the matter.

Federal government audits 500 former Nigeria Airways staff

The Federal Government has commenced a week-long mop up verification exercise of 500 ex-workers of the former Nigeria Airways, who were not audited during the last exercise.

Kaduna governor praises federal government on Zaria Water Project, asks for refund

Governor Nasir El-Rufai has thanked the Federal Ministry of Finance for approving a refund of N17.32bn to Kaduna State for capital expenses it had spent on the Zaria Water Project.

50 oil firms owe NDDC N1.2 trillion – firm

Fifty oil firms operating in the Niger Delta region are owing the Niger Delta Development Commission (NDDC) N1.2 trillion in form of unpaid dues to the Commission, it was gathered yesterday.
Governor-elect of Kwara, Alhaji Abdulrahman Abdulrazaq, has pledged that his administration will be accountable to the people and will not steal or loot the state’s treasury.

Kwara government to partner EFCC on recovery of looted funds

Governor AbdulRahman AbdulRazaq of Kwara State, on Tuesday, said his administration would partner the Economic and Financial Crimes Commission (EFCC) to combat graft, including recovery of funds looted from the state treasury.
The Permanent Secretary, Special Duties, Federal Ministry of Finance, Dr. Mohammed Dikwa, made the disclosure in Abuja when the alumni of the National Institute for Policy and Strategic Studies Abuja chapter, visited him in his office.

Official: Federal government saved N500 billion by plugging MDA’s revenue leakages

Nigeria has saved over N500 billion by adopting various ICT-driven reforms in Ministries Departments and Agencies (MDAs) that sealed hitherto revenue-leaking points.

Tax appeal tribunal dispenses N288 billion cases in six months

The Tax Appeal Tribunal has settled tax cases valued at N288 billion since the members were reconstituted six months ago.

Naicom: Senior civil servants issue 7-day ultimatum

The National Insurance Commission (NAICOM) has been given a 7-day ultimatum to implement an agreement reached with an association of senior civil servants in 2017 or face industrial action.
Outgoing governor of Ogun State, Ibikunle Amosun, on Tuesday boasted that a combination of the achievements of Gbenga Daniel and Olusegun Osoba as former governors of the state would not match his administration’s achievements.

Senator Amosun: Allegations of arms stockpile, surrendering, laughable

Former Ogun State Governor Ibikunle Amosun has described as laughable, allegations he stockpiled firearms before the general elections and hurriedly handed them over to the police a day to handover.
Outgoing governor of Ogun State, Ibikunle Amosun, on Tuesday boasted that a combination of the achievements of Gbenga Daniel and Olusegun Osoba as former governors of the state would not match his administration’s achievements.

Senator Amosun breaks silence on arms importation

Senator Ibikunle Amosun, former governor of Ogun State, has denied illegally importing massive cache of AK47 assault rifles and ammunition into the country and handing them over to the police towards the end of his administration.
On Saturday, the Super Falcons lost 3-0 to Germany in the Round of 16 but refused to leave their Mecure Hotel in protest over their unpaid bonuses and other outstanding payments.

Shehu Dikko: NFF have paid Super Falcons’ entitlements

Shehu Dikko, the second vice-president of the Nigeria Football Federation (NFF), has denied an allegation that they owed the women's team outstanding bonuses and allowances

Workers shut SEC over attempts to reinstate suspended chief

The battle for the headship of the Securities and Exchange Commission (SEC) got fiercer Monday morning as the Association of Senior Civil Servants of Nigeria, SEC Branch, locked up offices of the headquarters of the Commission over attempts by suspended DG Mounir Gwarzo to resume duties.

Recent Stories

All Progressives Congress (APC) Nigeria

APC says no mass defection of members to PDP in Zamfara

The All Progressives Congress (APC), has said that there was no mass defection of its members of the Peoples Democratic Party (PDP) in Zamfara as alleged by the State Government.

Senator Omo-Agege: Tam David-West a grat patriot

Even now that he has passed on to eternal realms, Prof. Tamunoemi Sokari David-West will forever be remembered as a great patriot and intellectual of formidable standing at home and abroad, Deputy President of the Senate Ovie Omo-Agege has said.
Turkish President Recep Tayyip Erdogan sharply criticised his Egyptian counterpart Abdel Fattah el-Sisi after the recent execution of nine people in Egypt, saying he refused to talk to someone like him.

Recep Erdogan: Turkey has opened gates for IS, to send more militants to Europe

President Recep Tayyip Erdogan lashed out at the European Union (EU) over its repeated threat of sanctions, warning that Turkey would “open the gates” for more Islamic State militants to be sent to Europe.
President of the Senate, Ahmad Lawan, presiding over the plenary in the upper chamber on Thursday, 3rd October, 2019.

Senate proposes bill to establish agency for hate speech

The Senate has introduced a bill which seeks to establish a federal government agency to check hate speech in the country.
Arsenal’s Gabonese striker Pierre-Emerick Aubameyang reacts at the end of the English Premier League football match between Leicester City and Arsenal at King Power Stadium in Leicester, central England on November 9, 2019. (Photo by Oli SCARFF / AFP)

Premier League sharpshooters in Africa as CAN qualifying begins

English Premier League sharpshooters Pierre-Emerick Aubameyang, Sadio Mane and Mohamed Salah flew to Africa this week, seeking goals as 2021 Cup of Nations (CAN) qualifying kicks off.