Tag: MDAs

Alleged ₦167bn MDAs fraud: SERAP sues Tinubu over failure to prosecute contractors

Aminu Imam
SERAP Tinubu

The Socio-Economic Rights and Accountability Project, (SERAP), has filed a lawsuit against President Bola Tinubu over “the failure to direct the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, to name and ensure the prosecution of the contractors who collected over ₦167 billion from 31 ministries, departments and agencies (MDAs) but failed to execute any projects”. Joined in the suit as Respondent is the Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, (SAN). In the suit, filed last Friday at the Federal High Court, Lagos,…

Read More

Revenue Shortfall: NASS sets up panel to probe ₦4tr indiscriminate waivers for MDAs

Aminu Imam
NASS sets up panel

The National Assembly Joint Committee on Finance has constituted a special committee to probe a shortfall of over ₦4 trillion revenue due to indiscriminate waivers by agencies of Government. The decision to set up a panel to probe the shortfall followed a motion moved by Senator Adamu Aliero during the hearing to probe the revenue profiles of Ministries, Departments, and Agencies, (MDAs), and Government-Owned Enterprises, (GOEs), ahead of the 2025 Budget. The hearing was to enable the 10th Senate and House of Representatives committees to develop accurate and realistic revenue…

Read More

AuGF uncovers N14bn tax fraud in over 30 MDAs under ex-President Buhari

Aminu Imam
AuGF uncovers N14bn tax fraud

A report by the Auditor-General of the Federation has unearthed tax irregularities amounting to N14.33bn across more than 30 Ministries, Departments, and Agencies, (MDAs). The findings, disclosed in the Auditor-Generals annual report on ‘Non-Compliance and Internal Control Weaknesses’, highlight serious lapses in tax deductions, remittances, and compliance with financial regulations between 2020 and 2021. The report revealed that six MDAs were responsible for N129.34m in under-deduction of taxes. Paragraphs 234 and 235 of the Financial Regulations (2009) mandate accounting officers to ensure that all applicable taxes, such as Value-Added Tax…

Read More

Tinubu directs MDAs to procure CNG vehicles

Aminu Imam
Tinubu CNG

President Bola Tinubu has directed all government Ministries, Departments, and Agencies, (MDAs) to purchase compressed-natural-gas-powered vehicles. Presidential spokesman Ajuri Ngelale said this in a statement issued on Monday. In line with his commitment to ensure energy security, drive utility, and cut high fuel costs, President Bola Tinubu has directed the mandatory procurement of compressed-natural-gas-powered vehicles by all government ministries, departments, and agencies, Ngelale said. According to him, the move is part of the countrys efforts to transition to cleaner energy as CNG-enabled vehicles have been adjudged to produce lower emissions,…

Read More

Senate probes NNPCL, NIMASA, 772 others

Aminu Imam
Senate probes

The 10th Senate is probing the financial records of 774 federal agencies including the Nigerian National Petroleum Corporation Limited, and the Nigerian Maritime Administration and Safety Agency, (NIMASA) based on the queries raised against them in the 2019 report of the Auditor-General for the Federation. The Chairman, Senate Public Account Committee, Aliyu Wadada, disclosed this on Friday in Nasarawa State, while speaking with newsmen. He said, We are currently looking into the books of 774 Ministries, Department and Agencies, (MDAs), to see what was appropriated to them and check whether…

Read More

FG agencies, parastatals to remit 50% gross IGR – Wale Edun

Aminu Imam

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun has directed all self-funded Federal Government Agencies/Parastatals (receiving no allocation from the Federal Government Budget) to remit 50percent of their gross Internally-Generated Revenue (IGR) to the Sub-Recurrent Account. The Minister, in a signed circular, dated December 2021 on Revenue, Expenditure and Internally-Generated Revenue (IGR) Remittances to the Consolidated Revenue Fund (CRF); the following guidelines are hereby issued for immediate compliance by all Federal Government Agencies/Parastatals for the collections, utilisation and remittances of IGR, stated that  all Ministries, Departments…

Read More

President Tinubu retires all Service Chiefs, Advisers; appoints new ones

Aminu Imam

Dissolves Boards of Govt. Parastatals, MDAs President Bola Ahmed Tinubu has approved the immediate retirement of all Service Chiefs and the Inspector-General of Police, Advisers, Comptroller-General of Customs from service as well as their replacements with immediate effect. This is according to an issued press statement by Willie Bassey, Director, Information for the Secretary to the Government of the Federation, George Akume. The newly appointed Officers are: National Security Adviser – Nuhu Ribadu; Chief of Defence Staff – Maj.-Gen. C.G Musa; Chief of Army Staff – Maj-Gen. T. A Lagbaja;…

Read More

Cash crunch hits MDAs over freezing of accounts

Aminu Imam

Civil servants across Ministries, Departments and Agencies (MDAs) have lamented the slow pace of activities and other schedules in the discharge of their responsibilities due to the non-availability of fund following the freezing order on their accounts by the Central Bank of Nigeria, (CBN). Senior government and low cadre officers told newsmen yesterday that the non-availability of funds was hampering the operation and expectation of the workers. Recall that the federal government had placed embargo on further payments to the MDAs of the federal government till further notice. Officials however…

Read More

Stop payment to MDAs till further notice, Tinubu orders CBN

Aminu Imam

As part of the ongoing efforts at taking firm control of his administration, President Bola Ahmed Tinubu has reportedly directed the Central Bank of Nigeria (CBN) to stop further payments to the Ministries, Departments, and Agencies, (MDAs), of the Federal Government till further notice. According a presidency source yesterday, the Presidential order was issued before the embattled CBN boss, Godwin Emefiele was suspended and handed over to the Department of State Services, (DSS) for further action. According to the source, the directive, which came immediately after President Tinubu assumed office,…

Read More

Fraudulent N1tr Spending:Senate Audit Report indicts Heads of MDAs

Aminu Imam

The Senate has said President Muhammadu Buhari failed to act on a report that indicted top management of government Ministries, Departments and Agencies (MDAs), who have allegedly spent well over N1 trillion fraudulently. The indictment of the MDAs by the Senate, on Wednesday, was sequel to the consideration of the Senator Matthew Urhoghideled Senate Committee on Public Accounts reports of 2017 and 2018 of Auditor General of the Federation, (AuGF). Addressing newsmen after the presentation of the reports, the Vice-Chairman of Senate Public Accounts Committee, Senator Ibrahim Hassan Hadejia, said,…

Read More