Federation Account

The Federal High Court in Abuja on Monday struck out a suit praying for an order suspending the Managing Director/Chief Executive Officer of the Nigerian Sovereign Investment Authority, Uche Orji, and an order for a forensic audit of the organisation’s accounts from inception.

The Federal High Court in Abuja on Monday struck out a suit praying for an order suspending the Managing Director/Chief Executive Officer of the Nigerian Sovereign Investment Authority, Uche Orji, and an order for a forensic audit of the organisation’s accounts from inception.

The Federal Inland Revenue Service (FIRS) has expressed its resolve to ensure that all monies collected by the Nigeria Postal Service (NIPOST) into its ‘illegally operated Stamp Duties’ Account’ are fully recovered and remitted into the Federation Account.

The imbroglio between Nigeria Postal Service (NIPOST) and the Federal Inland Revenue Services (FIRS) over jurisdiction in respect of stamp duty collection worsened on Tuesday.

The Ondo State Government on Monday said it had spent over N3.13 billion to offset the outstanding allowances of workers and medical staff in the state.

The Peoples Democratic Party (PDP) Governors Forum has set up legal committee to address arbitrary and illegal deduction from federal account.

The Association of Senior Civil Servants of Nigeria (ASCSN) has commended the Federal Inland Revenue Service (FIRS) for boosting government’s revenue via stamp duty collection.

Minister of State for Mines and Steel Development, Dr Uchechukwu Sampson Ogah, on Thursday, said the ministry was implementing policies and programmes geared towards revamping the sector to an enviable position.

Rising from an emergency meeting held at the labour house in Minna the state capital on Thursday, the organised civil servants in Niger state, have again rejected the planned slash in their salaries by the Governor Abubakar Sani Bello-led state government.

Hajia Zainab Ahmed, the Minister of Finance, Budget and National Planning, on Thursday presented the draft 2021 to 2023 Medium Term Expenditure Framework(MTEF) as well as the Fiscal Strategy Paper to the National Economic Council (NEC).

The Nigerian National Petroleum Corporation (NNPC) has announced an increase of 19.14 per cent in the average daily natural gas supply to power plants in April 2020.

Gov. Kayode Fayemi of Ekiti State on Monday signed the Revised/Supplementary Appropriation Bill of N91.128 billion into law.

A total N6,609,759,939 is the amount that accrued to Kogi State from the Federation Account for the month of June, 2020. This amount is made up of N3.6 billion allocated to the State Government and N2.9 billion allocated to the 21 Local Government Areas in the state.

A chieftain of the Peoples Democratic Party, PDP, Alhaji Bibi Dogo, says the immediate past governor of Bauchi State, Governor Mohammed Abdullahi Abubakar, must account for over N321 billion naira he allegedly collected within the first 31 months of his administration.

Kano State Governor Umar Ganduje has slashed the salaries of political office holders in the state by 50 per cent.

The 36 state governors under the aegis of the Nigeria Governors Forum (NGF) have criticised the controversial Control of Infectious Diseases Bill, sponsored by the Speaker of the House of Representatives, Femi Gbajabiamila.

Retired civil servants in Cross River State have threatened to drag the state government to court over the non-payment of their gratuities put at over N35 billion.

The House of Representa­tives has called on the Fed­eral Government to approve special intervention fund for the country’s indigenous air­line and aviation agencies in the sector following the neg­ative impact of the Covid-19 pandemic in the industry.