FG, oil marketers agree on subsidy payment


Federal Government and petroleum marketers finally reached an agreement on how the outstanding fuel subsidy claims would be settled by the government.

The agreement was reached after a meeting held at the headquarters of the Ministry of Finance.

A statement from the Media A [...]

Mon, 10 December 2018

School feeding programme: FG to patronize IDP food market

States where the federal government’s school feeding programme are in operation have been asked to purchase their food stuff from the Internally Displaced Persons, IDP, market in Nasarawa state.

The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, hopes this will encourage [...]

Mon, 10 December 2018

Nigeria needs effective control system to fight corruption- Minister

The Minister of Budget and National Planning, Senator Udo Udoma, has said the creation of effective control system that will check the diversion of public funds is critical in the quest to tackle corruption in Nigeria.

Sen. Udoma who stated this when the executive of the Institute of Chartered [...]

Mon, 10 December 2018

FG warns auditors against shielding corruption in MDAs

Public auditors have been cautioned against shielding corruption and other irregularities in the accounts of Ministries, Departments and Agencies, MDAs, during their audit processes.

President Muhammadu Buhari gave the warning at an annual conference of Auditors-General of Nigeria with theme &l [...]

Mon, 10 December 2018

Pension: FG makes national identity number compulsory

The National Pension Commission, PenCom, has directed all active and retired Retirement Savings Account, RSA, holders to provide their National Identity Number, NIN, to their fund managers.

With the new arrangement, all workers under the Contributory Pension Scheme are now required to produce t [...]

Mon, 10 December 2018

FG condemns attacks on anti-corruption policies


The federal government is worried over the criticisms that trailed some of its anti-corruption and asset recoveries, insisting most of the backlash are driven by selfish interest.

Speaking particularly on attacks that followed the issuance of the Presidential Executive Order No. 6 [...]

Mon, 10 December 2018

Automation of non-oil revenue collection critical to economic growth– AGF

The Accountant General of the Federation, Ahmed Idris, has stressed the need for continued automation and management of non-oil revenue, stressing that this is critical towards increasing revenue generation and economic growth of the country.

According to him, diversification of the economy awa [...]

Sun, 02 December 2018

Mobile penetration: Nigeria records additional 3.1m active lines in October

An additional 3,180,525 active telephone lines were recorded in the country’s phone subscribers’ data in October 2018 alone.

The latest Subscriber/Operator Data published by the Nigerian Communications Commission, NCC, shows that active telephone lines in Nigeria increased from 162, [...]

Sun, 02 December 2018


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