The Office of the Accountant General of the Federation (OAGF) has explained that there were no shortfalls in salaries paid to Federal Workers in January and February 2025. The OAGF said the salaries that workers received in January and February 2025 were their normal salaries after the various arrears that were paid from October to...
Category: Accounting
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OGUNJIMI APPOINTED AS THE NEW ACCOUNTANT GENERAL OF THE FEDERATION
Prince Jeffrey Adaralegbe, Nigeria Following a thorough selection process, President Bola Ahmed Tinubu has named Shamsedeen Babatunde Ogunjimi as the Federation’s new accountant general. Approved today, his appointment will begin on March 7, 2025, the day incumbent Oluwatoyin Madehin retires. Last December, Ogunjimi, 57, was initially announced as Madehin’s replacement. He was later selected by...
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REMITTA NOT DITCHED, TO BE INTEGRATED INTO TMRAS – OAGF
The Office of the Accountant General of the Federation (OAGF) has clarified that the Federal Government has not discarded Remitta as the Central Bank of Nigeria (CBN) approved payment gateway. The OAGF explained that Remitta would rather be integrated into the Treasury Management and Revenue Assurance (TMRAS) alongside other eligible Payment Solution Service Providers (PSSPs)...
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FG, STATES, LGCs SHARE N1.703 TRILLION JANUARY 2025 REVENUE
A total sum of N 1.703 trillion, being January 2025 Federation Account Revenue, has been shared to the Federal Government, States and the Local Government Councils. The revenue was shared at the February 2025 Federation Account Allocation Committee (FAAC) meeting held in Abuja. The N1.703 trillion total distributable revenue comprised distributable statutory revenue of N749.727...
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AGF CHARGE FPOs To BE FINANCIAL PRUDENCE AND EMBRACE THE NEW FINANCIAL REFORM INITIATIVES
The Accountant General of the Federation, Dr. (Mrs.) Oluwatoyin Sakirat Madein FCCA FCA has Charged Federal Pay Officers (FPOs) to be Financially Prudent and embrace the new financial reform initiatives in the discharge of their duties. The AGF also reiterated her mandate to Federal Pay Officers to ensure that Federal Ministries, Departments and Agencies (MDAs)...
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HCSF HOLDS VALEDICTORY SESSION FOR ACCOUNTANT-GENERAL OF THE FEDERATION, PERMANENT SECRETARY, MINISTRY OF TRANSPORTATION.
The Head of the Civil Service of the Federation (HCSF) met monthly with Permanent Secretaries, the Federation’s Accountant-General, and the Federation’s Auditor-General in Abuja on Wednesday, February 19, 2025. A special farewell ceremony was held during the session to honor Mr. Adeoye Adeleye Ayodeji, the former Permanent Secretary of the Ministry of Transportation, and Dr....
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AGF TASKS FPOs ON INTEGRITY, DEDICATION TO DUTY AND FINANCIAL REFORM INITIATIVES
The Accountant General of the Federation, Dr. (Mrs.) Oluwatoyin Madein has tasked Federal Pay Officers (FPOs) to entrench transparency, dedication and professionalism in the conduct of their official duties. Dr. Madein also mandated the Federal Pay Officers to ensure that Federal Ministries, Departments and Agencies (MDAs) in the States comply with the provisions of the...