NewsExpress banner First Bank Fashion Souk Fidelity bank card banner Umm Sulaim's Thoughts Camano banner

Reps commend CBN on remittances to the Federation Account

By News Express on 25/02/2014

Gmail icon

Views: 2,448


The Central Bank of Nigeria (CBN) today earned praise from the House of Representative Committee on Finance for its unequaled record of timely remittances to the Federation Account.  

Speaking at the resumed session of the 2014 Budget Defence, the chairman, Finance Committee, Dr. Abdul Mumin Jibril, noted that the apex bank, over the years, has been very consistent in its remittances to the Federation Account as and when due.

“The National Assembly will continue to commend the Central Bank of Nigeria for the fiscal discipline, which it has been demonstrating and for the good work it has been doing for this country,” Dr. Jibril stated.

He further noted that the CBN had not only been timely in its rendition, but also ensured that the amount it remitted into the Federation Account had been on the increase in the last four years.

Also speaking, the CBN Deputy Governor in charge of Corporate Services, Alhaji Suleiman Barau, noted that the bank had been able to increase its remittances to Federation Account from about N64.122 billion in 2011 to well over N80.0 billion in 2012.

•Photo shows CBN Acting Governor, Dr. Sarah Alade.

Source News Express

Posted 26/02/2014 01:52:40 AM

 

 

CLASSIFIED ADS

 

You may also like...
I did not snub the Senate, Udoma counters...

NiMET predicts sunny and hot conditions in the...

Bayelsa pensioners protest at Govt. House over non-payment...

HURIWA advocates independent police panel to check killings...

Buhari appoints 4 CBN Non-Executive Directors, others

Aiteo confirms explosion at Nembe Creek oil export...

Japan, Ghana, Senegal, South Africa, Indonesia, others for...

Osinbajo storms Katsina, declares war on evil

Protest in Nigeria over Khashoggi killing

At G-7, Trump dumps climate but agrees on...

BREAKING: Lobi Stars Coach Solomon Ogbeide slumps, dies...

Development veteran and former head of UK’s Ebola...

 

Latest News Gallant troops eliminate 37 Boko Haram fighters in merciless operation SERAP gives 36 states 7 days to disclose payments of pensions to ex-governors, others EFCC saved us from inheriting empty treasury — Kwara Governor Judge accused of having group sex in her chambers with lawyers HURIWA lambasts Presidency for justifying re-arrest of Sowore in court, calls for the dismissal of DSS DG ISWAP kills two Nigerian soldiers, policeman, threatens Army Groups demand release of Sowore, give FG 14-day ultimatum to prosecute DSS officials Why using phones at checkpoint is wrong - Military chief EKEDC powers book on electricity Electricity vandals throw nine Anambra communities into darkness Sowore’s rearrest: Less than 100,000 Nigerians making noise - Femi Adesina Buhari orders AGF, others to publish govt transactions daily

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (570,319 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (455,946 views) Shameless Genevieve Nnaji exposes breasts in public (405,820 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (340,954 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (307,249 views) 10 cars more expensive than Jets (291,351 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (261,012 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (259,917 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (241,372 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (227,930 views) Lagos plane crash: Journalist releases victims’ names (203,677 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (200,128 views)

 

CBN milk production

CBN banner advert

UBA Wise Savers Promo

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (111) Business & Economy (4,616) Business Verdict (89) Columnists (1,156) Complaints & Requests (97) Enterprise & Opportunities (221) Entertainment (717) Features (854) Global Business Monitor (497) ICT Monitor (73) International (4,315) Interview (219) Live Commentary (30) Love Matters (177) Maggie's Blog (510) News (55,029) Opinion (1,437) Pidgin (18) Politics (11,865) Religion (1,132) Sports (2,251) Stock Watch (40) AMA & Al Jazeera Global Update

 

 

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera