AGF Tasks Federal Pay Officers On Transparency, Financial Reform Initiatives

AGF Tasks Federal Pay Officers On Transparency, Financial Reform Initiatives

Oluwakemi Kindness Federal Pay Officers (FPOs) have been tasked on the need to entrench transparency, dedication and professionalism in the conduct of their official duties. Accountant General of the Federation, Dr. Oluwatoyin Madein, who handed down the charge, also mandated the Federal Pay Officers to ensure that Federal Ministries, Departments and Agencies (MDAs) in the States comply with the provisions of the public financial management reform initiatives of the Federal […]

February 14, 2025 10 4 5

Economy

FAAC Shares N1.424trn For Three Tiers Of Government

By Oluwakemi Kindness The Federation Account Allocation Committee FAAC as shared the total sum of N1.424 trillion, being December revenue to the Federal Government, States and the Local Government Councils. The sharing took place on Friday in Abuja at the January 2025 FAAC meeting. The N1.424 trillion comprises distributable statutory revenue of N386.124 billion, distributable Value Added Tax (VAT) revenue of N604.872 billion, Electronic Money Transfer Levy (EMTL) revenue of […]

January 17, 2025 6

2 1

National Assembly

House PAC Raises Concerns Over 2024 Budget Capital Implementation

By Oluwakemi Kindness The House of Representatives Committee on Public Accounts has expressed concern at the low implementation of the capital component of the 2024 budget. This is according to the Chairman of the committee Bamidele Salam, who decried the 25 percent implementation level of the budget has revealed by the Accountant General of the Federation, Dr. Shakirat Madein. Representative Salam had led the committee on a interactive engagement at […]

January 10, 2025 13 1 2

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