The federal government says states must clear owed salaries and other related staff arrears before they would be able to access the remaining $2.69 billion Paris Club refund. Hassan Dodo, director of information, federal ministry of finance, made this known in a statement released on Tuesday. "The DMO led the reconciliation process under the supervision of the Federal Ministry of Finance. The final [...]
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Kemi Adeosun, the minister of finance, has been appointed as the chairman, board of directors of Nigeria Bulk Electricity Trading Company (NBET). In a statement released on Wednesday, Hassan Dodo, the director of information at the ministry of finance, said the appointment was approved by the Acting President Yemi Osinbajo. According to Dodo, the director-general, Bureau of Public Enterprises is the vice [...]
The federation accounts allocation committee (FAAC) has disbursed N668.8 billion between the three tiers of government as revenue generated in May despite disputes between the committee members and the Nigerian National Petroleum Corporation (NNPC). Hassan Dodo, director of information at the federal ministry of finance, said the disbursement did not signify an end to the dispute. Governors had accused the NNPC of [...]
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