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Despite opposition by the Academic Staff Union of Universities (ASUU), the Federal Government on Monday said the Integrated Personnel Payroll Information System (IPPIS), is designed to enhance data integrity, eliminate ghost workers and consolidate on staff records and management. =
The Acting Head of the Civil Service of the Federation, Folashade Yemi-Esan, on Monday, said that the Federal Government had activated a new process aimed at eliminating those who were collecting salaries without certificates or letters of appointment from the government.
The Federation Accounts Allocation Committee (FAAC) has shared a total of N716.298 billion to the three tiers of government for the month of December, 2019.
President Muhammadu Buhari on Monday signed into law the Finance Bill 2019 (now Finance Act), which among other objectives, seeks to increase government revenue while supporting struggling small businesses in Africa’s largest economy.
President Muhammadu Buhari has approved the constitution of two committees for the Mambilla Hydroelectric Power Project in Taraba State.
The Finance Bill 2019, when signed into law, will ensure that small businesses with turnover less than N25m will be exempted from Companies Income Tax.
In what may be termed the first soothing news of 2020, the Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, on Monday reiterated Federal Government’s plan to lift 100 million Nigerians out of poverty this year, in line with a pledge earlier made by President Muhammadu Buhari in 2019.
The Ghanaian government has hailed the resolve by eight member nations of the Economic Community of West African States (ECOWAS) to cut their colonial links with France’s CFA (Communaute Financiere d’Afrique) Franc and adopt ECO as their common currency.
The Federal Government says it is studying the situation on change of West African Economic and Monetary Union (UEMOA) currency, Eco, to be used as ECOWAS single currency.
The Auditor-General of the Federation, Mr. Anthony Ayine, has reported that some federal government Ministries, Departments and Agencies (MDAs) spent N26.606 billion in 2017 without payment vouchers or requisite approvals for such expenditures.
The federal government has so far released more than 56 per cent of the approved expenditure for capital projects in the approved 2019 budget, Minister of Finance, Budget and National Planning, Zainab Ahmed, has said.
President Muhammadu Buhari, on Wednesday in Abuja approved the deployment and redeployment of some new and old Permanent Secretaries to different ministries.
Alhaji Isa Dutse, Permanent Secretary, Ministry of Finance, Budget and National Planning, said on Wednesday in Abuja that the Federal, States and Local Governments had shared the sum of N635.8 billion for the month of November.
The Federal Government has achieved 50 percent budget performance in 2019 with the release of N1.2 trillion capital expenditure.
The Senate has begun the consideration of President Muhammadu Buhari’s request of 2016-2018 External Borrowing to the tune of $29.96 billion to be spent by the Federal Government to execute key infrastructural projects.
The Central Bank of Nigeria (CBN) has revealed that 40 per cent of the total credits available in the economy, especially in the capital and money markets are from foreign holdings.
The ministers, including that of Finance, Mrs. Zainab Ahmed; Works and Housing, Babatunfe Fashola, and Minister of State for Transport, Gbemisola Saraki, made the submission at a session with the House of Representatives Committee on Aids, Loans and Debt Management, headed by Safana Dayyabu (APC, Kano).
Born of a Nigerian father and a mother from Guyana, Fashanu was Britain’s first £1m black footballer and won the BBC’s Goal of the Season award for his memorable volley against Liverpool in February 1980.
The United States is opposing plans by Nigeria to give $100 million from loots recovered from former Nigeria military dictator Sani Abacha to Kebbi State governor Atiku Bagudu.
Justice Edward Asante, President of the ECOWAS Court of Justice, has underscored need for establishment of legal system to assist Ivoirians approach court for protection of their human right.
An Abuja Area Court, on Wednesday, ordered the Department of State Security to investigate the allegation of forgery of a National Youth Service Corps certificate leveled against the Deputy Governor of Bayelsa State, Lawrence Ewhrudjakpo.
The prime minister of Lesotho, Thomas Thabane, on Friday failed to appear in court, where he was expected to face charges of murder, attempted murder and malicious damage to property.
David Luiz believes that Arsenal boast “the quality” to savour Europa League glory this season and book a return to Champions League competition through a continental route.
France's health minister has said a Chinese tourist has died from coronavirus, the first fatality from the virus in Europe.
Bruno Fernandes will add “quality” to the Manchester United ranks, says Andy Cole, with the Portuguese potentially the perfect midfield partner for Paul Pogba.
Mr Mohammed Jibrin, Director-General (DG) of National Board for Technology Incubation (NBTI), says the board is ready to bring in technologies that will create immediate jobs to support hardworking and performing governors.
The Management of Radio Bayelsa has suspended nine workers over an attack on the station by hoodlums in protest against Supreme Court’s judgment that sacked erstwhile governor-elect, David Lyon.