Treasury Single Account

The Department of Petroleum Resources (DPR) says it generated a total sum of N742,471,639,376. 96 billion for the Federal Government from January to August 2020.

The Department of Petroleum Resources (DPR) says it generated a total sum of N742,471,639,376. 96 billion for the Federal Government from January to August 2020.

The Nigerian Postal Service on Sunday said its stamp duty account was opened by the Central Bank of Nigeria under the Treasury Single Account in response to claims made by the Federal Inland Revenue Service.

The Accountant-General of the Federation, Ahmed Idris, said that the salary accounts of 793,580 Federal government employees and about 63 percent of members of Academic Staff Union of Universities (ASUU) have been captured on the Integrated Payroll Personnel Information System (IPPIS).

The minister for Niger Delta Affairs Godswill Akpabio on Monday said he has not awarded a single contract since he assumed office. Instead, he indicted members of the National Assembly.

Senator Godswill Akpabio, the Minister of the Niger Delta Affairs, has reacted to what he called “a cornucopia of false, malicious, and libellous press interviews” granted by Ms. Gbene Joi Nuineh, the erstwhile Acting Managing Director of the Interim Management Committee, of the Niger Delta Development Commission, (NDDC) in some news and social media platforms and a “series of concerted vicious campaigns of calumny deviously orchestrated by her” against his person.

The Minister of Niger Delta Affairs, Godswill Akpabio, on Tuesday, said the present regime was committed to repositioning the Niger Delta Development Commission despite the grumblings being experienced.

Ibrahim Magu, the suspended acting Chairman of the Economic and Financial Crimes Commission, EFCC, has denied the claim that he failed to account for the interest in the N550 billion recovered fund kept in the Central Bank of Nigeria, CBN, custody.

The Federal Government has foreclosed any involvement in the novelty boxing match (Guinness World Boxing Project), being promoted by former World Cruiserweight Champion, Bash Ali.

The Federal Operations Unit of the Nigeria Customs Service says it has intercepted a vehicle with COVID-19 sticker used for smuggling frozen chicken into the country.

The Federal Operations Unit (FOU) of the Nigeria Customs Service (NCS) has intercepted a vehicle with a Covid-19 sticker used for conveying banned poultry products into the country.

The Federal Operations Unit of the Nigeria Customs Service (NCS) has intercepted a vehicle with Covid-19 sticker used to smuggled frozen chicken into the country from Benin Republic.

President Muhammadu Buhari has issued new directives on COVID-19 donations to Nigeria by philanthropists, companies and international organisations.

Disbursements of the COVID-19 funds domiciled with the Central Bank of Nigeria (CBN) and commercial banks will be after appropriation by the National Assembly.

President Muhammadu Buhari has approved the opening of five COVID-19 Donor Accounts which form part of the existing Treasury Single Account (TSA) arrangement in five commercial banks.

The All Progressives Congress (APC) has expressed surprise over the failure of former Vice President Atiku Abubakar, to acknowledge the bold efforts APC administration made towards diversifying Nigeria economy.

The Federal Government has disbursed the sum of N43,416,000,000.00 ($120.6 million) to 24 states of the federation through performance-based grants under the World Bank-Assisted States Fiscal Transparency, Accountability and Sustainability, SFTAS, Programme-for-Results.

The 24 beneficiary states who were: Abia, Adamawa, Bauchi, Benue, Delta, Edo, Ekiti, Enugu, Gombe, Jigawa, Kaduna, Kano, Katsina, Kebbi, Kogi, Kwara, Niger, Ondo, Ogun, Oyo, Osun, Sokoto, Taraba and Yobe states