Fidelity bank card banner Emerald Energy Institute Camano banner

FEC approves continuous auditing to control expenditure

By News Express on 10/03/2016

Gmail icon

Views: 1,801


The Federal Executive Council (FEC) has approved a presidential initiative on continuous audit, to strengthen controls of Federal government expenditures.

The Minister of Finance, Mrs Kemi Adeosun, made the decision known on Wednesday while briefing reporters on the outcome of the FEC meeting held in Abuja, Nigeria’s capital.

Mrs Adeosun said that the initiative would not just strengthen the internal audit of the payroll but general expenditures, which may include among others, contracts and pensions of Ministries, Department and Agencies (MDAs) without notice.

She revealed that the government had commenced the second phase of the payroll of another potential 11,000 ghost workers.

This the Minister said was sequel to the first phase of the payroll audit which revealed the existence of 23,000 ghosts workers, which saved the country about 2.29 billion Naira. (Channels TV)

•State House Photo shows members singing the national Anthem at yesterday's FEC meeting.

Source News Express

Posted 10/03/2016 04:59:44 AM

 

 

CLASSIFIED ADS

 

You may also like...
Gallant troops clear terrorists, rescue 998 captives

APC members defect to PDP in Katsina

EFCC goes after ex-VP Namadi Sambo, raids office...

Shareholder group calls on international oil firms to...

First in history: 2 athletes jointly win Olympic...

Gas sector, catalyst for economic development — Okowa...

Speaking is governing: Mahmud Modibbo Tukur & the...

PDP sets up Committee to woo back defected...

Count me out of your woes, Peter Obi...

Dear Buhari, take a bow; go home to...

Operation to take over Sambisa forest ongoing –...

Apostolic Church gives up branch in Oshogbo for...

 

Latest News Biafra: Kanu leads delegation to UN Buhari vs Atiku: Activist seeks visa ban on Presidential Election Petition Tribunal Justices Association to set up vigilance groups in Igboland •Launches intelligence/surveillance unit Makinde drags Ajimobi before EFCC, ICPC UNILAG releases cut off marks for admissions into various courses Anxiety over Alaafin of Oyo’s absence at Oranyan festival Delta rehabilitates Federal roads I’ve passed through turbulent times since becoming Governor — Abiodun Health Management Board Director dragged to ICPC over certificate scandal Police confirms 3 killed in Akwa Ibom cult clash Imo Recruitment, Appointments Committee submits report We must talk about Peter Obi now — Cleric

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (540,136 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (442,782 views) Shameless Genevieve Nnaji exposes breasts in public (389,042 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (326,508 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (294,469 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (253,543 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (249,588 views) 10 cars more expensive than Jets (238,195 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (231,347 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (217,332 views) Lagos plane crash: Journalist releases victims’ names (195,736 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (193,343 views)

 

CBN milk production

CBN banner advert

UBA Wise Savers Promo

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (102) Business & Economy (4,443) Business Verdict (80) Columnists (1,108) Complaints & Requests (96) Enterprise & Opportunities (215) Entertainment (664) Features (809) Global Business Monitor (441) ICT Monitor (63) International (3,949) Interview (203) Live Commentary (30) Love Matters (170) Maggie's Blog (410) News (51,334) Opinion (1,357) Pidgin (17) Politics (11,441) Religion (1,102) Sports (2,166) Stock Watch (39) AMA & Al Jazeera Global Update

 

 

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera