Tag: Payment
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Kano govt starts N16bn payment to ex-councillors, current officials
The Kano State Government has begun the disbursement of over N16 billion in gratuity payments to former councillors who served under the All Progressives Congress (APC) from 2014 to 2024, as well as current elected and appointed officials in the 44 local government councils. Governor Abba Kabir Yusuf flagged off the payment exercise at a…
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Retirees assets to hit N22trn before January as PenCom promises prompt payment
The National Pension Commission has said it is working with the Federal Government to institutionalise a sustainable solution, ensuring retirees receive their benefits promptly and without undue stress. This was revealed by the Director-General, Omolola Oloworaran at a media conference in Abuja on Thursday. “Expanding pension coverage remains a top priority for the Commission. Our…
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Payment for revitalisation of tertiary institutions underway – Education minister
The Minister of Education, Prof. Tahir Mamman says payment for the revitalisation of the tertiary institutions in the country is underway. Mamman also said the Federal Government had approved the payment of salary increase of 35 per cent to academic and 25 per cent to non-academic staff in further commitment to their welfare.
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IPPIS: AGF meets service providers, calls for permanent solution to challenges
The Accountant-General of the Federation (AGF), Mrs Oluwatoyin Madein has urged the Integrated Personnel and Payroll Information System (IPPIS) service to permanently resolve challenges in the payroll platform. According to a statement issued by Mr Bawa Mokwa, the Director of Press, OAGF
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SERAP sues FG, seeks details of ‘payment of N729bn to poor Nigerians’
Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit asking the Federal High Court in Lagos “to compel the Federal Government to disclose details of proposed payments of N729bn to 24.3 million poor Nigerians, including the mechanisms and logistics for the payments, list of beneficiaries, and how they have been selected, and whether the…
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NIBSS to launch “touch-free” payment solution on Monday
The Nigeria Inter-Bank Settlement System Plc (NIBSS) on Wednesday said it would be launching a Quick Response (QR) code driven payment solution in partnership with all financial service providers. NIBSS said in a statement that the NQR code platform was an indigenous payment solution introduced by NIBSS on behalf of all financial service providers. It…
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COVID-19 Palliatives: FG sacks two contractors for delaying cash disbursement in four states
The Federal Government has terminated the contracts of two Payment Service Providers (PSP) for failure to meet up with the contractual agreement to commence Conditional Cash Transfer (CCT) to beneficiaries in four states. The Minister of Humanitarian Affairs, Disaster Management and Social Development, Hajiya Sadiya Farouq, made the disclosure in a statement on Tuesday signed…
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N100bn revenue shortfall: FG orders contractors to show TIN before payment
…Moves to block revenue leakages by contractors …To undertake compliance spot checks on MDAs The Federal Government has ordered vendors of Ministries, Departments and Agencies (MDAs) to display their Tax Identification Numbers (TINs) on their invoices before payments are effected by the MDAs. The Federal Government’s directive was handed down on Tuesday in Abuja by…
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Presidency replies Fayose over N5,000 stipend, says ignore critics, payment is real
The Presidency on Wednesday dismissed insinuation in some quarters that the commencement of the payment of N5,000 stipend to the less-privileged Nigerians was a “mere propaganda’’. Mr Femi Adesina, the Special Adviser on Media and Publicity to the President, stated this while fielding questions from State House correspondents in Abuja. Adesina’s remarks was coming on…
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We will commence payment of gratuities this week – Gov Dankwambo
Governor Ibrahim Dankwambo of Gombe State says government will commence payment of N2 billion gratuities to pensioners this week. Dankwambo made the promise when he received the Christian Association of Nigeria (CAN) in the state during Christmas and New Year homage to him in Gombe on Tuesday. He said the Committee for the Verification of…