Shell Nigeria Yudala
FG issues new guideline for collation of surplus funds

By News Express on 10/01/2017

Share on facebook Yahoo mail icon Gmail icon

Views: 246

Kemi Adeosun.
Kemi Adeosun.

The Federal Government has issued a new guideline for the computation of operating surpluses in order to reduce cases of under-remittance of funds by revenue-collection agencies.

The guideline was issued over the weekend through the Ministry of Finance.

Financial statements are expected to contain details of projected internally generated revenue, personnel and overhead costs derived from the national budget, so as to adequately prepare estimates of revenue and expenditure of agencies.

In 2016, 33 revenue generating agencies were indicted for not remitting a total of 450 billion Naira into the consolidated revenue fund account of government.

The Finance Minister, Kemi Adeosun, has therefore warned that a violation of the three-year template would attract severe sanctions. (Channels TV)

Source News Express

Posted 10/01/2017 09:38:56 AM

 

Share on facebook Yahoo mail icon Gmail icon


 

CLASSIFIED ADS

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

 

You may also like...
Village where it has rained non-stop for 75...

Employ e-commerce to fast track economic diversification, Buhari...

CBN clears the air on alleged use of...

No Ebola Virus Disease yet in Enugu —Health...

Ex-militants demand Nnamdi Kanu’s release, withdrawal of soldiers...

Appeal Court okays EFCC’s investigation of petrochemical firm...

Eid-el-Kabir: Speaker Dogara calls for sober reflection, Amosun...

Arms Scandal Report not doctored: FG

Battle for security must first be won in...

Chevron faces class action from aggrieved dealers

Abia schedules LG election on Christmas Eve, candidates...

Today’s Weather: Expect moderate dust haze, sunny and...

 

Latest News Protesting students give South Africans deadline to leave Nigeria Shake-up in NDDC Nigeria plans Africa’s first sovereign green bond Police gets 11 new Commissioners, 1 Deputy Commissioner, 12 Assistant Commissioners, 3,201 DSPs N50b suit: FG’s lawyer warns Anambra State Government Radio Bayelsa GM flogs 4 workers Activist drags ‘Area F’ police personnel before IGP for extortion, harassment Cameroon forcibly repatriates over 500 Nigerians Special squad intensifies search for kidnapped German archaeologists HURIWA slams FG, seeks UN intervention to stop Xenophobic killings in South Africa Group berates Amnesty International, says report on Nigerian Army biased, lacks merit NLNG confirms explosion along gas transmission system right of way

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (229,273 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (208,597 views) Shameless Genevieve Nnaji exposes breasts in public (173,571 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (160,452 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (146,835 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (130,647 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (114,450 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (114,309 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (101,801 views) Lagos plane crash: Journalist releases victims’ names (97,593 views) APC cries foul as PDP’s Fayose takes early lead in Ekiti governorship election (92,487 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (81,379 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (26) Business (2,465) Business Verdict (14) Columnists (634) Complaints & Requests (81) Enterprise & Opportunities (138) Entertainment (288) Features (385) Global Business Monitor (138) International (1,269) Interviews (113) Live Commentary (28) Love Matters (40) News (21,710) Opinion (647) Pidgin (8) Politics (3,575) Religion (480) Sports (1,231) Stock Watch (12) AMA & Al Jazeera Global Update

 

 

CBN Advert

 

Tuface Idibia Cancels February 6 Planned National Protest

 

APO Newsbreak logo

 

CLASSIFIED ADS

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement



 

 

CLASSIFIED ADS

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!