Niger Delta states sue FG over N500tr oil revenue loss
Citing negligent execution of petroleum production contracts by multinationals operating in Nigeria, Bayelsa, Akwa Ibom and Rivers states have filed a suit...
Illicit financial flow gulps $50 billion from Africa, says minister
Minister of Finance, Kemi Adeosun has revealed that illicit financial flow gulps $50 billion from Africa every year.The minister gave this revelation at an international tax conference holding in Abuja.
States yet to meet conditions for second tranche Paris Club refund
A further check at the Office of the Director Funds in the Office of the Accountant General Office. Mr. Alex Adeyimi also indicated that there was no payment instruction from the Federal Ministry of Finance.
Adeosun assures G24 on transparent implementation of budget
The federal government yesterday assured the global community of its commitment to the ongoing reforms aimed at redeeming the country’s economy through transparency, accountability and faithful implementation of budgets.
Again, Nigeria seeks global support against illicit capital flows
The recovery of stolen funds from Nigeria was re-echoed at the ongoing International Monetary Fund (IMF)/World Bank Group Spring meetings in Washington DC, United States by Minister of Finance, Kemi Adeosun.
Adeosun tasks global community on illicit financial flows
The Federal Government has charged the global community to play by action rather than mere declarations on the issues of corruption and illicit financial flows, particularly from Nigeria and Africa as a whole.
Still in search of N1t 2016 capital votes releases in economy
Minister of Finance, Mrs. Kemi Adeosun, two weeks ago stunned the nation that a whopping N1t has for the first time in many years been released to the Ministries, Departments and Agencies (MDAs) of the Federal Government for funding of infrastructure .....
FG, pensioners disagree on payment of claims’ backlog with N54 billion
Pensioners have disagreed with the Federal Government that the N54 billion released cleared its liabilities to the Contributory Pension Scheme (CPS).
Reps probe alleged N200b pension fraud
The House of Representatives yesterday set up an ad-hoc committee to investigate activities of the Presidential Task Force on Pensions Reforms from 2010 to the time it was disbanded in February, 2013.