Saturday, November 17, 2018

Tag "Ahmed Idris"

    FG clears workers’ promotion arrears with N34bn

FG clears workers’ promotion arrears with N34bn

Ahmed Idris, accountant general of the federation, says the federal government has cleared the promotion arrears of workers in its ministries, departments and agencies.Idris, who was represented by Mohammed Usman, director of funds in the office of the accountant general of the federation, said the federal government paid N34.2 billion to do this.Usman and Kemi Adeosun, minister of finance, appeared [...]

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    April allocation dips by N20bn as FAAC resolves NNPC dispute

April allocation dips by N20bn as FAAC resolves NNPC dispute

The April allocation made available to the three tiers of government by the federation accounts allocation committee (FAAC) was N20 billion less than the March provision.Federal, state and local government shared N623.82 billion in Abuja on Thursday as against the N647.39 billion shared in March.The meeting had ended in a deadlock on Wednesday after revenue figures tendered by the Nigerian [...]

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    Adeosun asks contractors to provide tax identification number before getting paid

Adeosun asks contractors to provide tax identification number before getting paid

Contractors of federal government ministries, departments and agencies (MDAs) must provide their tax identification number (TIN) on their invoices before getting paid for services provided.Kemi Adeosun, minister of finance, gave the directive in Abuja on Tuesday."The order is part of resolute efforts by the government to block revenue leakages by the MDAs’ vendors. About N100 billion has been discovered as [...]

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    States get Paris Club refund, FAAC allocation at once — so ‘Nigerians can have better Christmas’

States get Paris Club refund, FAAC allocation at once — so ‘Nigerians can have better Christmas’

Olubunmi Siyanbola, a director at the ministry of finance, says 27 states have received the balance of the Paris Club refund.Siyanbola made this known on Saturday while addressing journalists after the federation account allocation committee (FAAC) meeting where N609.959 billion was distributed to the three tiers of governments.She said the remaining states would get theirs as soon as some processes are [...]

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    We can’t disclose how states spent N388.3bn Paris club refund, says FG

We can’t disclose how states spent N388.3bn Paris club refund, says FG

Ahmed Idris, accountant general of the federation, says N388.304 billion spending of London Paris club loan refunds by 35 states “is protected by professional privilege, and therefore confidential.”Idris said this in response to a suit filed by Socio-Economic Rights and Accountability Project (SERAP).The federal government released N388.304 billion of the N522.74 billion to 35 states as refunds of over-deductions on London-Paris [...]

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    Reps summon Adeosun, AGF over N17bn contract

Reps summon Adeosun, AGF over N17bn contract

The house of representatives committee on public procurement has summoned Kemi Adeosun, minister of finance, over the alleged payment of N17 billion for procurement of office equipment.It also summoned Ahmed Idris, auditor-general of the federation (AGF), and Jonah Otunla, former accountant-general of the federation over the transaction.The three top government officials are to appear before the committee members on Tuesday.Their [...]

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    FG commences audit of revenue generating agencies

FG commences audit of revenue generating agencies

Ahmed Idris, accountant-general of the federation (AGF), says his office is carrying out a forensic audit of federal government’s agencies to access true state of their revenue generation.Idris disclosed this in a statement issued in Abuja on Wednesday.The statement signed by Kenechukwu Offie, a director of press in the office of the AGF, said Ahmed had engaged the services of [...]

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    FG promises to pay workers before Christmas

FG promises to pay workers before Christmas

The office of the accountant general of the federation (AGF) says it is upgrading the Government Integrated Financial Management Information System (GIFMIS) to ensure payment of December salary before Christmas.Mohammed Dikwa, director of funds in the office, disclosed this on Wednesday in an interview with NAN.Dikwa said the system would be shut down over the weekend for the upgrade.“The essence [...]

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    FG, states to share $1.7bn Excess Crude Account

FG, states to share $1.7bn Excess Crude Account

The federal government and the 36 states have agreed to share $1.7 billion from the Excess Crude Account (ECA).Ahmed Idris, accountant general of the federation, disclosed this on Monday at the end of a meeting with President Muhammadu Buhari.“Today, we are going to meet. The FAAC is going to meet, and we are going to distribute – as agreed and directed [...]

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    Buhari appoints new accountant-general

Buhari appoints new accountant-general

President Muhammadu Buhari has approved the appointment of Ahmed Idris as the new accountant-general of the federation (AGF).This was confirmed in a statement issued and signed by Haruna Imrana, director communications, office of the head of civil service of the federation (OHCSF).“The head of the civil service of the federation, Barrister Danladi Kifasi, who announced the appointment, said that the [...]

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    Aljazeera confirms release of detained staff

Aljazeera confirms release of detained staff

Doha-based television station, Aljazeera, has confirmed the release of two of its Nigerian staff detained by the Nigerian military in Maiduguri, capital of Borno state, since March 24.The military had initially shunned the request of the station that Ahmed Idris and Ali Mustafa, the journalists, be released, insisting that they were interfering with its operation in the northeast.Chris Olukolade, defence [...]

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    Troops ‘restrain’ Aljazeera journalists in Borno

Troops ‘restrain’ Aljazeera journalists in Borno

Nigerian military authorities say they have "restrained" Ahmed Idris and Mustafa Andy, reporters for Aljazeera Television, for allegedly engaging in activities aimed at interfering with security operations in the northeast.Warning journalists to avoid unauthorised and unprotected movements, the defence headquarters said appropriate arrangements would be made to assist journalists who are cleared to cover activities in the area."Two journalists working for [...]

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Exchange Rates

November 16, 2018USDGBPEUR
INTERBANK306397354
LAGOS359475418
KANO359476420
PH360476420
ABUJA359478419
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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