MDAs

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MDAs can’t pay new 7.5% VAT, says FIRS boss

MDAs can’t pay new 7.5% VAT, says FIRS boss

The chairman also accused some multinational companies in the country of evading taxes by hiding under the cloak of pioneer status to get tax exemption for a period of five years as against the lawful three.

Reps vow to name, shame MDAs over failed audit reports

Reps vow to name, shame MDAs over failed audit reports

The House of Representatives says it will “name and shame” Ministries, Departments and Agencies (MDAs) that refuse to appear before it with their audited reports. The Chairman, Committee on Public Accounts, Rep. Wole Oke, disclosed this during an investigative public hearing into the presentation of audit reports of MDAs on Monday. The committee is investigating […]

How MDAs spent ₦26.6bn without vouchers – Auditor-General

How MDAs spent ₦26.6bn without vouchers – Auditor-General

Emma Ujah – Abuja Bureau Chief The Auditor-General of the Federation, Mr. Anthony Ayine, has said some Ministries, Departments, and Agencies (MDAs) spent N26.606 billion in 2017 without payment vouchers or requisite approvals for such expenditures. He said in a report that massive financial infractions are still prevalent in many MDAs despite the anti-corruption stance […]

MDAs must defend budget extimates before Oct. 29 ― Lawan

MDAs must defend budget extimates before Oct. 29 ― Lawan

By Henry Umoru The President of the Senate, Senator Ahmad Lawan has announced that all Ministries, Departments and Agencies must be present and appear to defend their budgets proposals latest Oct 29. Lawan said this, following the second reading of the 2020 Appropriation Bill as it was immediately referred to the Senate Committee on Appropriations […]