Reps Order Accountant-General to Publish N2.4tr Contractor Payments
By Oluwakemi Kindness The House of Representatives has directed the Accountant-General of the Federation, Shamseldeen Ogunjimi, to submit a comprehensive spreadsheet detailing contractors who have received payments from the federal government’s N2.4 trillion allocation for project implementation. The directive followed disclosures by the Office of the Accountant-General that N2.4 trillion had already been disbursed to […]
President Tinubu Reconstitutes Securities Tribunal With 12 Appointees
By Oluwakemi Kindness President Bola Tinubu has approved the reconstitution of the Investments and Securities Tribunal (IST) with the renewal of appointment of the Chairman and the inauguration of 12 new members. The announcement in a statement issued on Sunday by Maria Anodere, Acting Head of Corporate Affairs Department of the IST, said the move […]
Nigeria’s PenCom Clears Pension Arrears, Launches Pension Reform 2.0
By Oluwakemi Kindness The National Pension Commission (PenCom) says it has cleared all outstanding pension arrears under the Contributory Pension Scheme (CPS). This is according to the Director-General of PenCom, Ms. Omolola Oloworaran, who said retirees under the scheme now receive their benefits promptly. She stated this on Thursday while speaking with newsmen shortly after […]
Nigeria Strengthens Whistleblower Protection Policy
By Oluwakemi Kindness The Federal Government has kicked off a two-day nationwide sensitization programme on the implementation of Nigeria’s Whistleblowing Policy. This is with a renewed commitment to protect whistleblowers and strengthen the fight against corruption. The event, by the Presidential Initiative on Continuous Audit (PICA), in Lagos, brought together government officials, anti-corruption agencies, private […]
FG Confirms ₦330bn Cash Transfers to 15 Million Vulnerable Households
By: Aremu Toyeebaht The Federal Government has disbursed ₦330 billion to support poor and vulnerable Nigerians under the National Social Safety-Net Coordinating Office (NASSCO), reinforcing efforts to mitigate the impact of rising living costs. Minister of Finance and Coordinating Minister of the Economy, Wale Edun, disclosed the update on Wednesday during a meeting of the […]
FG, States, LGs Share N2.23tn August Revenue — FAAC
By Oluwakemi Kindness The Federation Account Allocation Committee (FAAC) has shared a total of N2.225 trillion among the three tiers of government as federation account revenue for August 2025. According to a communiqué issued at the end of the FAAC meeting held on Wednesday in Abuja, the revenue comprised N1.479 trillion statutory revenue, N672.90 billion […]
NAICOM Partners with SDGs Initiative to Promote Youth Insurance Awareness
By Oluwakemi Kindness The National Insurance Commission (NAICOM) has pledged to collaborate with the SDGs Synergy Initiative to raise awareness on insurance and strengthen youth involvement in achieving the Sustainable Development Goals (SDGs) in Nigeria. This is as the Deputy Commissioner for Insurance, Finance and Administration, Ekerete Ola Gam-Ikon, highlighted the Commission’s ongoing partnership with […]
RMAFC Launches Digital Transformation with New Performance Management System
By Oluwakemi Kindness The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has launched a digital-driven Performance Management System (PMS) as part of efforts to modernise its operations and improve service delivery. Declaring open a staff training programme on the new PMS in Abuja, the Chairman of the Commission, Dr. Mohammed Bello Shehu, OFR, reaffirmed RMAFC’s […]
Nigeria’s Tax Reforms Must Build Trust – Dogara
By Oluwakemi Kindness Former Speaker of the House of Representatives, Yakubu Dogara, has emphasized that Nigeria’s new tax reforms will only succeed if citizens trust the government to deploy resources responsibly. Speaking at the inaugural Distinguished Parliamentarian Lecture organized by the House of Representatives Press Corps, Dogara said: “True tax reform is not about raising […]
Not All Bank Deposits Are Taxable – FIRS
By Oluwakemi kindness The Federal Inland Revenue Service (FIRS) has clarified that not all funds deposited in individual bank accounts are subject to taxation. The recent comment counters widespread misconceptions surrounding the recently passed tax reforms. Speaking at the inaugural parliamentarian lecture by the House of Representatives Press Corps, Special Assistant to the FIRS Chairman […]