Home Topics Treasury
The Peoples Democratic Party, (PDP), described the attack by the Presidency against the party as a feeble kick of a weak horse and a failed attempt to beguile Nigerians.
Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari “to direct the Attorney General of the Federation and Minister of Justice Mr Abubakar Malami, SAN, and appropriate anti-corruption agencies to probe allegations that N3,836,685,213.13 of public funds meant for the Federal Ministry of Health, teaching hospitals, medical centres, and National Food Drug Administration and Control (NAFDAC) are missing, mismanaged, diverted or stolen.”
Matthew Kukah, bishop of the Catholic Diocese of Sokoto, says Yakubu Gowon, former head of state in Nigeria, and his family deserves an apology over claims that he looted the public treasury.
A major avenue for global money laundering and tax evasion has been closed off by a new law requiring disclosure of owners of US shell companies used to hide billions of dollars.
Treasury chief Rishi Sunak had committed to ending the widely unpopular tax on tampons and sanitary pads in his budget in March but the change could only take effect Friday after Britain had finally left the economic orbit of the European Union.
The Senate Public Accounts Committee has upheld a 2015 query raised against the Nigerian Maritime Administration and Safety Agency (NIMASA) overpayment of N8.6 million for un-executed contract.
Ahmed who inaugurated the fire sub station located at the Office of the Accountant General of the Federation (OAGF) – which is to be manned by the Federal Fire Service (FFS) – stated that the treasury was crucial to ongoing public financial management reforms in line with the desire of the federal government to bring the country up to speed with other leading world economies.
“We all know the fire was gallantly fought and quenched under the anchorship of the men from the Federal Fire Service. Since then, our two organisations have made efforts towards actualizing our dream of having a standard fire substation at the Treasury House. ”
The National Pension Commission (PenCom) on Wednesday said it was putting in place an automated process to ensure seamless conduct of the annual verification/enrolment within the first quarter of 2021 .
The Senate has exposed how the Ministerial Tenders Board of the Ministry of Petroleum Resources paid N718 million to 11 corporate bodies for different services rendered without documents.
Microsoft said on Thursday it found malicious software in its systems related to a massive hacking campaign disclosed by U.S. officials this week, adding a top technology target to a growing list of attacked government agencies.
Alhassan Ado-Doguwa, majority leader of the house of representatives, said if the date was not extended, the federal government would have to mop up all the funds meant for capital projects in 2020 budget and return same to government’s treasury.
The U.S. Treasury and Commerce departments, alongside other government agencies have been targeted by hackers, several media reports indicated on Sunday.
Following last week’s introduction of 90-day special bills by the Central Bank of Nigeria (CBN), the apex bank yesterday sold N4.1 trillion worth of the instrument in the money market.
The United States on Wednesday slapped sanctions on Wan Kuok Koi, a leader of China’s 14K Triad organized crime group, and three entities “owned or controlled” by him, the U.S. Treasury said in a statement.
The administration of outgoing United States President Donald Trump on Tuesday kept up its maximum pressure campaign of sanctions designed to squeeze Iran by blacklisting an Iranian official as well as a major Iranian university and another individual.
The Nigeria Export Processing Zones Authority (NEPZA), the agency responsible for promoting and facilitating local and international investments into licensed free export processing zones (EPZ), says it will introduce a new system for free zone registration from January 1, 2021.
The House of Representatives has resolved to invite the Ministers of Justice, Foreign Affairs as well as Trade and Investment to brief the House on the implications of the agreement establishing the African Continental Free Trade Area (AFCFTA).
The United States will block imports of cotton it says are harvested with “slave labor” in China’s Xinjiang region, authorities have announced.
Nigerians in Diaspora Commission (NiDCOM) has congratulated Nigerian-born Adewale Adeyemo on his nomination as the US Deputy Treasury Secretary by President-elect Joe Biden.
President Muhammadu Buhari is currently presiding over the 42nd virtual meeting of the Federal Executive Council (FEC) at the Council Chambers of the Presidential Villa, Abuja.
The police in Kaduna state, Wednesday confirmed the abduction of students of a private university, Greenfield University in Kaduna.
The Minister of Industry, Trade and Investment, Mr. Niyi Adebayo, yesterday expressed concern over the decrease in volume of trade between Nigeria and South Korea.
The Lagos State chapter of All Progressives Congress has appointed Speaker of the House of Representatives, Femi Gbajabiamila, and the three senators representing Lagos State, Oluremi Tinubu, Solomon Adeola and Tokunbo Abiru, Central, West and East Senatorial districts respectively, into membership list of the Governor’s Advisory Council, GAC of the party.
Kogi State Commissioner for Information and Communications, Mr Kingsley Fanwo, has stressed that Nigeria needs a young President who is blessed with positive energy and patriotism to take the nation to the next level in 2023.
The Presidency yesterday shrugged off threats of Nigeria’s balkanisation by advocates of Biafra and Oduduwa Republics, saying that President Muhammadu Buhari cannot be bullied into giving in to their demands.
Katsina has approved the deployment of dogs to complement security arrangements to secure boarding schools in the State.
An Italian judge on Saturday ordered that Matteo Salvini, leader of the right-wing League party, must stand trial on charges of kidnapping over his decision to prevent more than 100 migrants from landing in the country in 2019.
Winning the Europa League would be fitting reward at the end of a tough season for Manchester United, their manager Ole Gunnar Solskjaer said on Thursday after his team completed a 4-0 aggregate win over Granada in the quarterfinals.
Chelsea are reportedly preparing to go head to head with Manchester United for the signature of Real Madrid centre-back Raphael Varane this summer.