Tag: MDAs

‘Only items imported by President are duty-free’, Customs tells MDAs

Aminu Imam

The Nigeria Customs Service, (NCS), has stated that only items imported by the president are exempted from duty charges and tax payment. This was contained in an issued statement issued on Friday, by the NCS Deputy National Public Relations Officer, Timi Bomodi. The officer alerted that some ministries, departments and agencies, (MDAs), at different levels of government are evading duties and taxes on imported vehicles and other equipment into the country. “The NCS wishes to state that except where waivers or concessions were sought and granted, all outstanding duties and…

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Senate uncover irregularities in FG’s N1.1tr investments in financial institutions

Aminu Imam

Senate has exposed irregularities in N1.1 trillion worth of Federal Government investments in a United Kingdom (UK) foreign exchange regulated provider, Crown Agents Bank, and some other financial institutions. Crown Agents Bank is a regulated provider of wholesale foreign exchange (forex) and cross-border payment services connected across the frontier and emerging markets. In the report adopted by the Senate, the Accountant-General of the Federation was accused of failing to present the shares certificate to authenticate the genuineness of Federal Government investments in Crown Agents Bank and financial institutions in Nigeria.…

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Audit report: NNPC failed to remit N3.88tr from crude oil sales in 2015 – Senate

Aminu Imam

…Directs oil firm, NPA, BPE, 56 others to refund N300bn The Senate, yesterday, decried the abuse of public office by heads of Ministries, Department and Agencies, (MDAs), particularly the Federal Government revenue generating agencies. It, therefore, directed 59 of the agencies to return over N300 billion allegedly misappropriated into the Federation Account. The Upper Chamber also ordered that the funds spent without authorisation between 2013–2015 be remitted to the Treasury within 60 days.  The Senate resolutions were sequel to the consideration of the report of the Committee on Public Accounts…

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Over N2tr revenue trapped in federal agencies, Senate raises alarm

Aminu Imam

The Senate has accused government-owned enterprises of frustrating efforts by the present administration to shore up its revenue profile. Senator representing Lagos West and Chairman Senate Committee on Finance, Adeola Olamilekan, made the allegation when the Minister of Finance, Ahmed Zainab appeared before the Committee. Also in attendance at the session was the DG, Budget Office, Ben Akabueze. Picture caption: Senator Adeola Olamilekan The meeting, at the instance of the Senate , was called as part of its ongoing investigation into revenue remittances by Ministries, Department and Agencies (MDAs) between…

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FG to slash civil servants’ salaries, merge agencies, others – Zainab Ahmed

Aminu Imam

…Says it’s to cut cost The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said that President Muhammadu Buhari has directed the salaries committee to review payroll and also review the number of agencies. Ahmed disclosed this at the on-going ‘National Policy Dialogue on Corruption and Cost of Governance in Nigeria’, which held in Abuja yesterday. The government also said it will also remove some redundant items from the Budget, as a move to cut the cost of governance in the country. The programme was organised by the…

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SERAP writes Buhari, seeks probe of ‘missing N106bn in 149 MDAs in 2018’

Aminu Imam

The Socio-Economic Rights and Accountability Project, (SERAP), has urged President Muhammadu Buhari to “direct the Attorney-General of the Federation, (AGF) and Minister of Justice, Abubakar Malami, (SAN), and appropriate anti-corruption agencies to investigate allegations that N106bn of public funds are missing from 149 ministries, departments and agencies (MDAs), as documented in the 2018 annual audited report by the Auditor-General of the Federation”. In the letter dated April 17, 2021, and signed by SERAP Deputy Director Kolawole Oluwadare, the organisation said, “The reported missing public funds reflect the failure of the…

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700 illegal accounts operated by MDAs uncovered in Gombe

Ishaku Yohanna

No fewer than 700 accounts were said to have been operated in the name of Gombe State government by her officials. Disclosing this was the Attorney General and Commissioner for Justice Gombe State, Zubair Umar. Umar stated this on Wednesday at a sensitisation and interactive discussion on Executive Orders No 4A (Urban Development and Enforcement) and 5 (TSA) under the chairmanship of the Secretary to the State Government, Prof. Ibrahim Njodi, who was represented by Commissioner for Housing and Urban Development, Adamu Kupto. Umar hinted that the committee, which is…

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