Newsexpress place banner advert Yudala genuine products
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: 346

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

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

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

 

You may also like...
Nigerian woman found dead in Austrian home, another...

Union allays fears of retrenchment by NAHCO

Ex-US President George Bush mistakenly announces Nelson Mandela’s...

Buhari set for first foreign trip

Violence, poor turnout and boycott mar Kogi council...

How Pension scam syndicate defrauded FG of N1.2bn...

Senator sends SOS over hunger, poverty, malnutrition in...

Niger Delta youths vow to resist takeover of...

JUSTICE OPUTA LAMBASTS CORRUPT MINISTERS •Recommends the Harcourt...

RIGHTSView, By EMMANUEL ONWUBIKO: Is Nigeria Police Force...

Keshi assures of Super Eagles’ victory over Chad...

SNEPCo MD bags special achievement award

 

Latest News FG releases Unity School Common Entrance Examination results Cloudy weather to persist today with chances of rain, thunderstorms Police hunt for killers of KAI official APC commends the Senate on PIB passage Nigeria, China work on prisoners’ transfer agreement NEMA moves 270 Nigerian returnees from Cameroon PIGB: Senate approves unbundling NNPC Obasanjo, Osinbajo speak on the lessons of Biafra 2 soldiers arrested for disrupting sitting of Edo Mobile Court NYSC mobilises 2,356 corps members to Delta Kogi demolishes 18 houses used by criminals Ekweremadu canvasses total removal of age requirement for political offices

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (246,462 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (222,949 views) Shameless Genevieve Nnaji exposes breasts in public (184,733 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (165,346 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (158,377 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (138,368 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (120,835 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (118,195 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (106,209 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (102,604 views) Lagos plane crash: Journalist releases victims’ names (101,283 views) APC cries foul as PDP’s Fayose takes early lead in Ekiti governorship election (95,516 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (27) Business (2,562) Business Verdict (16) Columnists (683) Complaints & Requests (89) Enterprise & Opportunities (153) Entertainment (322) Features (444) Global Business Monitor (151) International (1,378) Interviews (122) Live Commentary (28) Love Matters (54) News (24,710) Opinion (719) Pidgin (8) Politics (3,700) Religion (533) Sports (1,265) Stock Watch (18) AMA & Al Jazeera Global Update

 

Words on marble

 

UBA Wise Savers Promo

 

Machester United vs Ajax

 

APO Newsbreak logo

 

CLASSIFIED ADS

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

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

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!