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Federal Ministry of Finance

Budget Office: 2019 budget performance now 83.95 percent

The overall performance of the 2019 budget, as at the third quarter of the year stood at 83.95 per cent.

Tunde Fowler speaks on FIRS handover controversy

The immediate past Chairman of the Federal Inland Revenue Service (FIRS), Tunde Fowler, said he did nothing wrong in handing over the management of the tax revenue agency to the Coordinating Director, Domestic Taxes Group, Abiodun Aina.

Whistle blowing policy earns federal government N594.089 billion

The Permanent Secretary, Special Duties, Federal Ministry of Finance, Budget and National Planning, Dr. Muhammed K. Dikwa, has revealed that the Federal Government (FG) has earned N594.09 billion from whistle blowing policy since its inception in 2016.
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.

Recent Stories

Medical council validates four coronavirus test kits – registrar

The Medical Laboratory Science Council of Nigeria (MLSCN) says it has validated four Rapid Test Kits to determine their suitability for testing SAR-COV-2 infection popularly known as COVID-19 in the country.
Legendary reggae artiste, Majekodunmi Fasheke, aka Majek Fashek is dead. The artiste died in a New York hospital after a protracted illness on Monday about 5-45pm. He was aged 71.

Nigerian celebrities mourn deceased Majek Fashek

Nigerian celebrities have taken to their social media platforms to mourn the death of Music Legend, Majekodunmi Fasheke, a.k.a Majek Fashek.
Rwanda says it will announce new restrictions on containing the coronavirus Tuesday, a stark reversal of the country's plan days ago to ease restrictions, including motor vehicle travel throughout the country.

Rwanda set to announce new coronavirus restrictions

Rwanda says it will announce new restrictions on containing the coronavirus Tuesday, a stark reversal of the country's plan days ago to ease restrictions, including motor vehicle travel throughout the country.
Nigerian President Muhammadu Buhari3

Nigeria declares telecoms facilities critical national Infrastructure

In response to the yearnings of industry stakeholders to declare telecom facilities Critical National Infrastructure, President Muhammadu Buhari, has finally approved and also directed that necessary physical protective measures be put in place to safeguard telecommunications infrastructure deployed across the country.
President Muhammadu Buhari has again, addressed Nigerians on the efforts of its government to contain the coronavirus pandemic (covid-19) that is ravaging the country 4

ASCAB: President Buhari’s speech underestimate Sani Abacha’s $5 billion loot

Alliance for Surviv­ing COVID-19 and Beyond, (ASCAB), a group led by prominent Nigerian human rights lawyer, Femi Falana has said that President Mu­hammadu Buhari’s claim that late dictator, Sani Abacha, stole $1 billion con­tradicts the figures earlier released by his own officials.