Connect with us

Agriculture & Nigerian Economy

N700bn Recovered Through Whistle-blower Policy in Four Years

Published

on

The Minister of Finance, Budget and National Planning, Zainab Ahmed has said that The federal government recovered over N700 billion from its Whistle Blower Policy.

The Minister of Finance, Budget and National Planning, Zainab Ahmed has said that The federal government recovered over N700 billion from its Whistle-blower Policy.

The Minister revealed this while Speaking at the national conference on the whistle blower policy in Nigeria on Tuesday in Abuja.

Ahmed said that the government was able to recover the money from the activities of whistle-blowers, who came forward with actionable claims of corruption.

Watch Our YouTube Videos

“There were recoveries and the cleaning of the Integrated Personnel Payroll Information System (IPPIS); stoppage of Non-compliance with the Treasury Single Account (TSA) and violations of the procurement Act 2007”.

“However, after sometime, the interest in the implementation of the Whistle-blower policy nosedived. Our attempt to reawaken public interest on the policy did not quite materialize.

“It was then we realized that there was apparent confusion in the public mind on several issues,” she said.

Incase You Missed:

Akanni Expresses NCS Readiness to Compete in Volleyball

CBN Pledges To Drive Economy Away From Recession

FG Projects N1Tr Annually as a Result of Fuel Subsidy Removal

DMO: $22.7 Billion approved loans still intact

28 suspected robbers, kidnappers arrested by Rivers State Police

Obaseki Approves Resumption of Primary, Secondary Schools

 

Continue Reading
Advertisement

ADVERTISEMENT

ADVERTISEMENT

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Agriculture & Nigerian Economy

Nigeria’s Strategic Objective to Capture 10% Of Africa’s Import by 2035 – Achimugu

Published

on

Nigeria’s Strategic Objective is to Capture 10% Of Africa’s Import by 2035 – Achimugu

The Nigerian National Action Committee on the African Continental Free Trade Area, AfCFTA, has revealed that its strategic objective is to capture 10 per cent of Africa’s imports by 2035, thereby doubling Nigeria’s export in the process.

This was disclosed by the coordinator oil and gas work stream, secretariat of the National Action Committee on the AfCFTA, Franca Achimugu, at the implementation plan adoption meeting with the oil and gas work stream which was held at the Nigeria National Petroleum Corporation headquarters, in Abuja, on Thursday.

YOU CAN FOLLOW US ON FACEBOOK

While introducing the agreement and what the oil and gas sector stands to benefit from its full implementation, she said, “AfCFTA means Nigeria is no longer Africa’s largest economy, we need to sit up and get our house in order.”
She added that Nigeria is aligning itself for agreements, which comes with the elimination of tariffs.

She also mentioned that Nigeria’s mission is to become the preferred provider of value-added services to Africa.

Recall that it was reported earlier this month that the AfCFTA secretariat and the African Export-Import Bank signed an agreement on the management of the base fund of the AfCFTA adjustment fund.

Read Also: FG Requests for Proposals for The Establishment of a National Carrier

Continue Reading

Agriculture & Nigerian Economy

Fire Service Warns Against Domestic Storage of Petrol Amid Scarcity

Published

on

Fire Service Warns Against Domestic Storage of Petrol Amid Scarcity

The AG. Controller general, federal fire service (ffs), Karebo Pere samson has cautioned Nigerians against storage of premium motor spirits (PMS) popularly known as petrol in their homes during this period of scarcity.

 

Karebo said petrol is a highly inflammable liquid which if not handled carefully can cause serious fire explosion.

 

Follow Us on Facebook

This was disclosed in a statement released by Abraham Paul the public relations officer of the services

 

Karebo explained that invariably there is always a risk of a fire outbreak or an explosion if there is a source of ignition nearby such as a naked flame or an electrical spark.

 

The ag controller general stressed that Nigerians should avoid any act which could lead to fire outbreak in their environment.

Read Also:

NNPC Assures Nigerians of Sufficient Petrol, Says No Need for Panic Buying

Why Petrol Smuggling Continues –Kyari

Jigawa Police to Enforce Ban on Sale of Petrol in Jerry Cans

Continue Reading

Agriculture & Nigerian Economy

NNPC Ltd Commences Distribution Of 1Billion Litres Of Petrol Across Nigeria to Ease Fuel Crisis

Published

on

NNPC Ltd Commences Distribution Of 1Billion Litres Of Petrol Across Nigeria to Ease Fuel Crisis

The Nigerian national petroleum corporation limited has said that it has commenced the distribution of one billion litres of safe premium motor spirit to fuel stations across the country.

 

This was made known by group executive director, downstream, NNPC, Adetunji Adeyemi on Tuesday in Abuja during a press briefing.

Follow Us on Facebook

 

He said in order to ensure smooth distribution of the PMS nationwide, NNPC constituted a monitoring team with the support of the Nigeria midstream and downstream petroleum authority and other security agencies.

 

Adeyemi stated that the NNPC commenced operations on Tuesday at its depots and retail outlets to aid with the distributions across the country and an additional 2.3 billion litres of PMS is expected to arrive in Nigeria before February ends in order to address the current situation and restore sufficiency above the 30-day national target

Read Also: NNPC names culprits in Substandard Fuel importation

 

Continue Reading

Trending