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Politics Nigeria Whistleblowing Programme: 19 Things You Should Know About The Policy
The Federal Government of Nigeria has explained how its new policy on whistle blowing will work. The policy aims to encourage Nigerians to report financial and other related crimes to relevant authorities. The Government released a 19-point agenda of how the policy will operate, via a...- ProfRem
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- how to make money as a whistlebower kemi adeosun ministry of finance nigeria news nigeria whistblowing programme
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Metro Why We Are Still Owing FRSC, Other Agencies November Salary – FG
The Federal Government explained on Wednesday some agencies were yet to get their November salaries because they had exhausted their budgetary allocations since October. The Minister of Finance, Kemi Adeosun, explained this to State House reporters after the Federal Executive Council (FEC)...- kemi
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Politics Buhari Introduces New Policy, 'Report Financial Crime And Earn 5% From Recovered Sum'
President Muhammadu Buhari-led federal government has approved a new policy on whistle blowing that aims to encourage Nigerians to report financial and other related crimes to relevant authorities. The policy is that every whistleblower whose revelations lead to recovery of money will be...- ProfRem
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- anti corruption buhari's whistleblowers fec meeting kemi adeosun muhammadu buhari nigeria news
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Business Nigeria: FG Introduces New Vehicle Registration System
The federal government of Nigeria is introducing a new electronic Vehicle Identification Number (VIN), Finance Minister Kemi Adeosun says. Any vehicle on which duty has not been paid will not be able to be registered and driven in Nigeria, she said. “We are introducing a new system where...- LequteMan
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- kemi adeosun nigeria news
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Business FAAC: How FG, States, LGs Shared N386Bn Allocation For November
The Federation Accounts Allocation Committee has allocated a total of N386.9bn to the three tiers of government for the month of November. The amount, when compared to the N420bn distributed in October, represents a decline of N33.1bn. Addressing journalists shortly after the meeting, the...- ProfRem
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- faac government revenue kemi adeosun nigeria news nigerianbulletin november allocation
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Business Nigeria: Recession Bites Harder as November Allocation Decline By N33bn [BREAKDOWN]
The revenue available for sharing by Nigeria’s federal, states and local governments in November declined by N33.1 billion. Thus, N386.9 billion was distributed to all tiers of government compared to the N420 billion shared in October. The minister of Finance, Mrs Kemi Adeosun, represented...- kemi
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Politics Abacha Loot: Adeosun Denies $79m Switzerland 'Commission'
The Presidency has debunked claims by Chairman of the Civil Society Network Against Corruption, Mr. Olanrewaju Suraj that FG would pay Switzerland a $79m commission in order to receive a certain $400m looted by ex Head of State, Gen. Sani Abacha. Read more: $400m Abacha Loot: Buhari to Pay...- LequteMan
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Business Adeosun Unveils 10-Point Agenda to Pull Nigeria Out of Recession
Nigeria's Finance Minister, Kemi Adeosun, has unveiled a document, the 2017 Fiscal Road map, which is aimed at pulling Nigeria out of recession. Here are the propositions in the document: 1. Recognise inherited debt profile after a robust audit process: Introduce promissory note programme...- LequteMan
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- kemi adeosun nigeria news
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Business Buhari to Dump CBN Policy, Lift Forex ban on 41 Restricted Items
The federal government is set to lift the forex ban it placed on some 41 items last year, Vanguard says. The 2017 Fiscal Policy Roadmap, a document released by Finance Minister Kemi Adeosun, explains how the pressure on the naira at the parallel market. The document said FG “will replace...- LequteMan
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- kemi adeosun naira dollar rate nigeria news
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Business Adeosun, Emefiele Say BoI Should be Scrapped
Nigeria's Bank of Industry, BoI has kicked against a bill by the Senate seeking to scrap it. The bill, which is backed by the finance ministry and the central bank, proposes to establish the National Development Bank in the place of the BoI. A bill seeking to establish the NDB had passed...- LequteMan
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Politics Buhari Approves N522b To States For Payment of Salary and Pension Arrears
Nigeria President Muhammadu Buhari has reacted to the current economic situation in the country by releasing some cash to state government to off set its back log salary and pension arrears. President said, “I have approved the disbursement of 522 billion naira to the State Governments, to...- ProfRem
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- bail out funds kemi adeosun ministry of finance muhammadu buhari nigeria news state governments
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Politics FG Uncovers N450Bn Unremitted Revenue From 33 Agencies
The Federal Government is set to recover about N450 billion operating surpluses that were not returned by 33 agencies from 2010 to 2015. The Minister of Finance, Kemi Adeousun, made the announcement on Thursday in Abuja at a news conference. She said that an audit had been carried out on the...- ProfRem
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Business FAAC: How FG, States, LGs Shared N455Bn Allocation For October
Minister of finance, Mrs. Kemi Adeosun said Federal, state governments and the local councils shared N455 billion in October from the federation account. The 36 states of the federation shared N111.8 billion in October, less than the N143.6 billion shared in September from the Federation...- ProfRem
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- faac kemi adeosun nigeria news nigerianbulletin october allocation
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Politics Nigeria: Revenue Generating Agencies Loot 90% of Revenue Generated
The federal government of Nigeria has concluded plans to go after revenue generating agencies which refuse to remit all of the revenues they generated into the national purse. This follows the recent discover that most of the agencies loot 90% of the revenue they generated and spend it on...- LequteMan
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- kemi adeosun naija news
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Politics Nigerian Senate Summons Kemi Adeosun
The Nigerian Senate on Wednesday summoned Minister for Finance, Kemi Adeosun. The Summon follows a failed attempt to stop the warning strike of the Academic Staff Union of Universities (ASUU). The minister of finance has been invited to a meeting with ASUU, the ministries of education and labour.- abujagirl
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Business FG Begins Plans To Borrow N1.8trn, Shortlists Banks For $1bn Eurobond Sale
The Debt Management Office (DMO) has a short list of banks to manage its planned $1 billion Eurobond sale, Reuters quoted an official of the debt office to have said. The Eurobond is part of Nigeria’s plans to borrow a total of N1.8 trillion ($5.8 billion) from abroad and at home to fund an...- ProfRem
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- debt management office eurobond kemi adeosun nigeria news nigerianbulletin reuters
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Business Nigerian Lawmakers Call for Resignation of Emefiele, Adeosun
A Panel of the Nigerian House of Representatives have called for the resignation of CBN governor Godwin Emefiele and Finance Minister Kemi Adeosun. Rep Sadiq Ibrahim (APC, Adamawa), Chairman of the ad-hoc committee said Nigerians should demand for their resignation. The committee was set up to...- LequteMan
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- godwin emefiele kemi adeosun naija news
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Business Ifeanyi Ubah: How Adeosun, Emefiele Can Make Naira Appreciate Tremendously Against Dollar
Owner of Ifeanyi Ubah Football Club, Mr. Ifeanyi Ubah, has offered a piece of advice to top officials of Nigerian financial institutions on how to lift the country out of its current economic hardship. The oil mogul had earlier in the year stated that he could make the naira equal to 200 per...- LequteMan
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Business Nigeria: Breakdown of Amount Released for Capital Projects to Ministries in 2016
Nigeria's federal Ministry of finance has released a breakdown of the amount it released for capital projects for Ministries, Departments and Agencies (MDAs). N753,633,667,464 has been released from the 2016 budget allocation. Here's the breakdown: Ministry of Power: N209,246,760,165...- LequteMan
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Politics President Buhari Releases N2.5Trn From 2016 Budget
Minister of Budget and National Planning, Senator Udoma Udo Udoma has said a total of N2.5trillion has been released by President Muhammadu Buhari-led federal government out of the N6.06trllion appropriated for the 2016 fiscal year. Udoma who appeared before the Senate Committee on...- ProfRem
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- 2016 budget kemi adeosun minister of budget and national planning nigeria news senator udoma udo udoma
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