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MDAs under-perform after N40tr investments – FG

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 […]
The post MDAs under-perform after N40tr investments – FG appeared first on The Sun Nigeria. …

Despite N40tr investments, MDAs under-perform – FG

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 […]
The post Despite N40tr investments, MDAs under-perform – FG appeared first on The Sun Nigeria. …

FG faults FAAN, NTDC, others over non-remittance of operating surplus   

FG faults FAAN, NTDC, others over non-remittance of operating surplus   

Uche Usim, Abuja The Fiscal Responsibility Commission (FRC) has faulted several government agencies’  reluctance to remit their operating surplus into the Consolidated Revenue Fund (CRF). The acting Chairman of the Commission, Victor Muruako, who made the observation recently at the stakeholders meeting in Abuja said the culprits are; the Nigerian Tourism Development Commission (NTDC), Federal […]
The post FG faults FAAN, NTDC, others over non-remittance of operating surplus    appeared first on The Sun Nigeria. …

Unspent N118b 2017 capital vote consequence of bad fiscal governance — Experts

OML 42: Neconde debunks allegations of tribalism, nepotism and rights violation

With a list of abandoned and delayed projects scattered all over the country, last month’s return of N118b to the Treasury of the Consolidated Revenue Fund (CRF) of the Federal Government by some of its Ministries, Departments and Agencies (MDAs), has further questioned the Federal Government’s transparency quotient. …

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