Tag: MDAs
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Recession: FG cutting overhead costs to MDAs – DG, Budget Office
The Director-General, Budget office of the Federation, Mr Ben Akabueze said the federal government has been forced to cut overhead allocation to its Ministries, Departments and Agencies due to dwindling revenue. Akabueze said this on Thursday in Abuja when the Management of the News Agency of Nigeria (NAN), led by its Managing Director, Mr…
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N450b unremitted revenue: FG recovers additional N793 million from defaulting MDAs
The Federal Government has recovered an additional N793 million unremitted operating surpluses from three revenue generating agencies accused of short changing the government. This was announced in a statement on Wednesday in Abuja by the Director of Information, Federal Ministry of Finance, Salisu Dambatta. According to the statement, this is thanks to the Recovery Committee…