30 results
- 11 Jul 2016
NCC Remits N70Bn into Federation Account
Nigerian Communications Commission (NCC), has said that it remitted N70 billon into the Federation Account in the last one year. “This is in addition to the N30 billion paid by MTN Nigeria as a part…
- 4 Dec 2014
Galaxy Backbone Creates 42,000 eMail Accounts for Senior Federal Civil Servants
Galaxy Backbone Ltd has created 42,000 email accounts on a unified email platform for federal public servants in collaboration with the Federal Ministry of Communication Technology. This is in line…
- 16 Mar 2009
Global Meltdown Accounts for Drastic Drop in Federation Allocations
In the wake of the growing global economic crisis, the Federal Government had defended its policy measures saying it was committed to pursuing and implementing human-face policy measures to cushion…
- 13 Feb 2025
FG Order MDAs to Close Commercial Banks’ Accounts, Enforce TSA Policy
Federal government has directed all Ministries, Departments, and Agencies (MDAs) operating in states to close their accounts with commercial banks and fully comply with the Treasury Single Account…
- 13 May 2019
Report Says 17 Nigerian States Bankrupt
Economic Confidential on Sunday released its Annual States Viability Index (ASVI) report. It showed that 17 States are insolvent as their Internally Generated Revenues (IGR) in 2018 were far…
- 11 May 2025
SERAP Challenges CBN to Publish Local Government Allocations
Socio-Economic Rights and Accountability Project has called on the Central Bank of Nigeria to immediately disclose whether it has commenced the direct disbursement of allocations to the 774 local…
- 26 Dec 2014
Oshiomhole Says $30Bn Excess Crude Fund Unaccounted For
Governor Adams Oshiomhole of Edo state has accused the Federal Government of failing to account for about $30billion that have accrued to Nigeria’s excess crude account in the last three years,…
- 12 Mar 2013
Reps Order Arrest of NNPC Boss, Others over N142.7Bn Debt
House of Representatives Committee on Finance has said that the Nigerian National Petroleum Corporation (NNPC) owes the Federal Government N142.7 billion and that the Corporation has not shown any…
- 18 Nov 2013
Oppositions Ask FG to Account for Missing $5Bn
Opposition parties have challenged the federal government to account for the $5 billion, which has reportedly disappeared from the nation’s Excess Crude Account (ECA) The New Peoples Democratic Party…
- 4 Mar 2021
AGF Urges Postmaster General to Explore Human & Material Resources to Improve NIPOST
Ahmed idris FCNA, the Accountant General of the Federation, has advised the Postmaster General of the Federation and the management team of the Nigerian Postal Service (NIPOST) to explore its vast…
- 14 Feb 2014
Forensic Experts to Trace Missing $20Bn Oil Money
Forensic experts should examine the state of the federation account, the federal government suggested yesterday. This is coming as Sanusi Lamido Sanusi, governor; Central Bank of Nigeria (CBN)…
- 15 Jun 2020
FG Rakes in Over N1.68Bn COVID-19 for COVID-19 Eradication
Federal government has received a total of N1,689 billion as COVID-19 eradication support donations in two months, according to office of the Accountant-General of the Federation (AGF). Henshaw…
- 20 Feb 2015
Reps Seek Information on $20Bn NNPC Audit Report
House of Representatives yesterday asked the federal government to furnish it with the detailed report of the forensic audit of accounts and transactions of the Nigerian National Petroleum…
- 13 Aug 2014
IT System Saved FG N160Bn
Jonah Otunla, accountant general of the Federation, yesterday said the introduction of the Integrated Personnel and Payroll Information System in the public sector has saved the Federal Government…
- 15 Feb 2024
REMITA Platform Generates N34.311 Trillion for FG in 7 Years- Atanda
Mr. ‘Deremi Atanda, managing director/CEO of REMITA, , has said that the platform generated N34.311 trillion into the Federation Account between 2015 and 2022. He made the disclosure during the…
- 11 Dec 2019
Senate Asks CBN to Account for N20Trillion Collected as Stamp Duty
Senate has mandated its Committee on Finance to investigate the non-remittance of over N20 trillion into the Federation Account by Central Bank of Nigeria (CBN), an amount collected as stamp duties…
- 9 Dec 2013
CBN Accuses NNPC of Withholding $49.8Bn
Mallam Sanusi Lamido Sanusi, governor, Central Bank of Nigeria (CBN) has alleged that the Nigerian National Petroleum Corporation (NNPC) failed to remit $49.8 billon (about N8 trillion) to the…
- 20 Dec 2022
FG Bans Cash Withdrawals from Public Accounts
The Federal Government is to activate the stoppage of cash withdrawal from all public accounts with immediate effect. In place of cash withdrawals, public officers are to open domiciliary accounts in…
- 3 May 2016
In London, AGF Enumerates TSA Benefits, as Over 900 MDAs Join
Alhaji Ahmed Idris, accountant general of the Federation (AGF), has enumerated the benefits of the Treasury Single Account (TSA) to global audience in London, saying the federal government has…
- 18 Sept 2020
FG Makes u-Turn on Bank Account Re-Registration
Federal government on Friday apologised for asking all account holders in financial institutions in the country to re-register their personal details. Recall that the federal government had on…
- 22 May 2022
Buhari Names Anamekwe Nwabuoku as Acting AGF
Mr Anamekwe Nwabuoku has been appointed by the federal government as the acting Accountant General of the Federation (AGF). Anamekwe Nwabuoku, Acting AGF The appointment of Mr Nwabuoku followed the…
- 18 Aug 2013
AGF Asks MDAs to Furnish it with NUBAN Accounts
Joseph O. Otunla, accountant-general of the Federation (AGF), has directed all Federal Ministries, Departments and Agencies (MDAs) to update their bank details with his office without further delay…
- 24 Jun 2019
Our Involvement in Tax Monitoring, Verification by RMAFC
Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), has said that the on-going monitoring and verification exercise on tax collections by Deposit Money Banks appointed by FIRS and Customs…
- 7 Jan 2021
Angst as FG Goes After N895Bn Unclaimed Dividends, Dormant Accounts’ Balances
The federal government has perfected ways to borrow funds from unclaimed dividends and dormant bank account balances unattended to for at least six years, thanks to the 2020 Finance Act, despite…
- 8 May 2026
FG Says It May Reject World Bank Loans over Delays
Dr Shamseldeen Ogunjimi, accountant-general of the federation, has warned that the federal government may reject loan facilities from the World Bank if delays in approval and disbursement persist,…
- 1 Feb 2013
NNPC Cornered $5Bn in 3 Years-NEITI
Nigerian National Petroleum Corporation (NNPC) has been indicted over failure to remit $4.84 billion from the Nigerian Liquefied Natural Gas (NLNG) to the Federation Account in line with statutory…
- 11 Feb 2015
FG, States, LGs Shared N7.75trn in 2014
Federation Accounts Allocation Committee shared a total sum of N7.75trn among the three tiers of government within the 2014 fiscal period. An analysis of the monthly distribution showed that the…
- 8 Jun 2021
Malami Logs into Twitter to Deactivate Account
Abubakar Malami (SAN), attorney-general of the federation and minister of justice, on Tuesday logged into Twitter and deactivated his account to show solidarity with the Federal Government which had…
- 23 Dec 2013
Reps Accuse FG of Spending N4.7trn Without Approval
House of Representatives Committee on Public Accounts, at the weekend, accused the Federal Government of spending about N4.7 trillion from 2004 to 2012 from the Service-wide vote without the approval…
- 29 Jun 2015
FG Begins Probes of N3.8trn Missing Oil Money
A panel of four governors was, yesterday, constituted to probe the affairs of the Nigerian National Petroleum Corporation (NNPC), following revelations that the corporation withheld N3.8 trillion of…