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: 247

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...
Consumer promo ban: How MTN, Glo, Airtel &...

35 dead, 176 injured in Anambra auto crashes...

ASUU strike grounds varsities

WE DIDN’T KILL OUR MOTHER —P-Square

DON’T CRY FOR MY FATHER —Charly Boy; plans...

Alleged Missing N53B: Wike, Justice Omereji talking rubbish...

First surviving twin in Ohafia dies at 94...

Journalist wins N10m Airtel promo •Over N250m doled...

Ghanaian minister resigns over $947,000 over-expenditure

Buhari orders establishment of technical committees on new...

Group challenges Okowa to break new grounds, fulfil...

Lagos Govt. to regulate tutorial and continuing education...

 

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 (208,598 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 (101,802 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

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

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!