President Muhammadu Buhari has formally inaugurated a Technical Advisory Committee headed by renowned economist and financial expert, Bismark Rewane, to advise …
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Ben Akabueze
N2.81t unremitted funds shows failure of TSA, lack of transparency – Experts
With the revelation that N2.81t is unremitted or being held back by Government-Owned Enterprises (GOEs), the Federal Government has unwittingly exposing its stark failure on fiscal transparency and sheer lack of willpower to enforce extant fiscal rules, so says development experts.
The post N2.81t unremitted funds shows failure of TSA, lack of transparency – Experts appeared first on The Guardian Nigeria Newspaper – Nigeria and World News. …
MDAs under-perform after N40tr investments – FG
The record shows that few of the GOEs declare surpluses. In effect, the Nigerian tax payers have not benefitted much from these investments. Uche Usim, Abuja The repeated failure of various Ministries Departments and Agencies (MDAs) to remit 80 per cent of their dividend or operating surplus into the Consolidated Revenue Fund (CRF) came under […]
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FG reads riot act as NNPC, others withhold N2.7tr operating surplus
The Federal Government may soon sanction revenue-generating agencies for infractions in the 2007 Fiscal Responsibility Act (FRA), as contained in Executive Order Number Two, which spells out clear penalties for such infractions.
The post FG reads riot act as NNPC, others withhold N2.7tr operating surplus appeared first on The Guardian Nigeria Newspaper – Nigeria and World News. …
Despite N40tr investments, MDAs under-perform – FG
Uche Usim, Abuja The repeated failure of various Ministries Departments and Agencies (MDAs) to remit 80 per cent of their dividend or operating surplus into the Consolidated Revenue Fund (CRF) came under evaluation, on Tuesday, with the Director-General, Budget Office of the Federation, Ben Akabueze, warning them that the President Buhari administration would no longer […]
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Minimum wage: Osinbajo presides over special meeting on way forward
Juliana Taiwo-Obalonye, Abuja Vice President Yemi Osinbajo, yesterday presided over the Economic Management Team meeting, specially convened to resolve the contentious minimum wage issue. Those in attendance at the meeting included the ministers of Finance, Zainab Ahmed; Budget and National Planning, Udoma Udo Udoma; Industry, Trade and Investment, Okechukwu Enelamah; Labour and Employment, Chris Ngige, […]
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