Reps Extend 2025 Capital Budget Implementation to Dec. 31
By Mardiyyah Abubakar The House of Representatives has given Ministries, Departments and Agencies (MDAs) additional time to complete projects and other capital expenditures captured in the 2025 budget. The House on Tuesday approved an extension of the implementation period for the capital component of the 2025 Appropriation Act to December 31, 2026. The decision followed […]
Senate Cracks Down On MDAs Skipping Budget Defence
By Anayo Akwitti The Senate has vowed to impose tougher sanctions on Ministries, Departments and Agencies (MDAs) that fail to honour invitations to defend their budgets or participate in legislative oversight, warning that persistent defiance will no longer be tolerated. The resolution followed a motion moved on Thursday by the Chairman of the Senate Committee […]
Senate Threatens Sanctions Against Defiant MDAs
By Anayo Akwitti The Senate on Thursday declared an end to what it described as the persistent disregard of its constitutional oversight powers by Ministries, Departments and Agencies (MDAs) and Government-Owned Enterprises (GOEs), warning that any agency head who ignores its invitations henceforth will face sanctions in accordance with the Constitution and other extant laws. […]
FG Sets Seven-Day Cargo Clearance Goal for Nigerian Ports
By Mardiyyah Abubakar The Federal Government has unveiled plans to reduce cargo clearance time at Nigerian ports from 21 days to seven days as part of efforts to improve trade efficiency and lower logistics costs. The Presidential Enabling Business Environment Council (PEBEC) is leading the initiative to speed up cargo processing and strengthen Nigeria’s competitiveness. […]
Budget Motion Sparks Heated Exchange in House of Reps
By Mardiyyah Abubakar The House of Representatives descended into a rowdy session on Wednesday as lawmakers debated a motion on the poor implementation of the budget and delays in releasing funds to Ministries, Departments and Agencies (MDAs). Hon. Mascot Ikwechegh, who represents an Abia State constituency, sponsored the motion to address concerns about slow budget […]
FG Expands Revenue Monitoring to 21 Agencies
By Oluwakemi Kindness The Federal Government has intensified its push for financial transparency and accountability with the Nigeria Export Processing Zones Authority (NEPZA) and 20 other federal agencies committing to the adoption of the Revenue Optimisation and Assurance Platform (RevOP) and the Federal Treasury e-Receipt (FTe-R). The initiative, designed to curb financial leakages and strengthen […]
NSITF Trains Officials on Employees’ Compensation Scheme
By Chinedu Echianu The Nigeria Social Insurance Trust Fund (NSITF) has reaffirmed its commitment to supporting the Lagos State Government in the full and effective implementation of the Employees’ Compensation Scheme (ECS) across the state’s public service. The Managing Director and Chief Executive of NSITF, Oluwaseun Falaye, gave the assurance on Wednesday in Lagos during […]