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5 Results / Page 1 of 1

Economy

Federal Government Set To Pay Arrears Of Wage Award

By Oluwakemi Kindness The Federal Government on Monday says it is set to pay the outstanding five months N35,000 wage award arrears to federal government workers. The Office of the Accountant General of the Federation (OAGF) made this known in a statement issued in Abuja by the Director Press, Bawa Mokwa. The OAGF explaines that the Federal Government had earlier paid five months wage award to federal government employees in […]

todayApril 28, 2025 12 3

Economy

FAAC Shares N1.578trn As March 2025 Allocation

By Oluwakemi Kindness The Federal Government, States and the Local Government Councils have shared the sum of N1.578 trillion, being March 2025 Federation Account Revenue. The revenue was shared at the April 2025 Federation Account Allocation Committee (FAAC) meeting held in Abuja;. The total revenue of N1.578 trillion comprised statutory revenue of N931.325 billion, Value Added Tax (VAT) revenue of N 593.750 billion, Electronic Money Transfer Levy (EMTL) revenue of […]

todayApril 16, 2025 15 5

Economy

OAGF Denies Alleged Shortfall In January, February Salary Payment 

Oluwakemi Kindness The Office of the Accountant General of the Federation (OAGF) says there are no shortfalls in salaries paid to Federal Workers in January and February 2025. The OAGF on Friday said the salaries that workers received in January and February 2025 were their normal salaries after the various arrears that were paid from October to December 2024 were exhausted. In a statement in Abuja by the Director of […]

todayMarch 8, 2025 16

Economy

Block Revenue Leakage To Enhance Your Revenue, AGF Tells States

Oluwakemi Kindness The Accountant General of the Federation, Dr. Oluwatoyin Sakirat Madein, has Charged Federal Pay Officers (FPOs) to be Financially Prudent and embrace the new financial reform initiatives in the discharge of their duties. This is as the AGF also reiterated her mandate to 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 […]

todayFebruary 26, 2025 10 7 4

Economy

FG, States, LGCs Share N1.727trn For November 2024

By Oluwakemi Kindness The Federal Government, States and the Local Government Councils has shared a total sum of N 1.727 trillion, being November 2024. The revenue was shared at the December 2024 meeting of the Federation Accounts Allocation Committee (FAAC) held in Abuja. The N1.727 trillion revenue comprised statutory revenue of N455.354 billion, Value Added Tax (VAT) revenue of N585.700 billion, Electronic Money Transfer Levy (EMTL) revenue of N15.046 billion […]

todayDecember 14, 2024 22 16

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