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...
Category: Business
Post
Post
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)...
Post
Borno Gov orders 2-year tax waiver for flood victims, others
By Achadu Gabriel, kaduna Borno State Governor, Babagana Umara Zulum, has approved a two-year tax waiver for traders who were affected by the September 2024 flood disaster and Maiduguri Monday market traders. A statement Sunday by his media aide said, Zulum granted the waiver to ease financial burden and encourage business growth. “The devastating flood...
Post
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...
Post
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)...
Post
FG REAFFIRMS COMMITMENT TO POSITIONING NIGERIA AS A GLOBAL ENERGY POWERHOUSE
The Federal Government has reaffirmed its commitment to driving reforms and milestones in Nigeria’s energy sector, positioning the country as a global leader in energy transformation President Bola Ahmed Tinubu made this known at the opening ceremony of the 8th edition of the Nigeria International Energy Summit (NIES 2025), held Abuja The President highlighted the...
Post
LAGOS – CALABAR COASTAL HIGHWAY, CATALYSTS FOR NIGERIA’S ECONIMIC EMANCIPATION – UMAHI*
The Lagos-Calabar Coastal Highway and other legacy projects throughout the nation have been credited by His Excellency, Engineer (Sen.) David Umahi, CON, FNSE, FNATE, Minister of Works, as catalysts for the nation’s economic liberation. He confirmed this while on an inspection tour of the highway’s ongoing Phase I, Sections I and II construction in Lagos....
Post
Cawthorne Channel 1 Fire Outbreak, Successfully Contained
On Wednesday, February 19, 2025, at around 14:10, a fire started on the dry crude storage barge BESTAF5 at Cawthorne Channel 1, Rivers State, and quickly spread to other barges. The fire was successfully contained as a result of our emergency teams’ and industry partners’ prompt response. Operations at the flow station were unaffected by...
Post
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....
Post
Talks on Fuel Quality Just Drama, Bad Marketing Antics, Says Kyari
…Insists NNPC Ltd Didn’t Import Products This Year …Says Importation a Standard Industry Practice Worldwide The Group Chief Executive Officer of NNPC Ltd, Mr. Mele Kyari has flayed talks aboutthe existence of sub-standard fuel in the country, describing it as unfortunatedrama and bad marketing practice.Kyari, who was speaking while fielding questions at a fireside chat...