Category
The International Anti-Corruption Day is observed by the international community on December 9 every year. It is the day set aside by the United Nations (UN) to create awareness about the negative impacts of corruption on nations and the need to fight it.
Nigeria dropped from the second-best country to invest in Africa in 2014 to number fourteen in 2021, the recent data from Rand Merchant Bank has revealed. The country dropped from its 5.62 scores in 2014 to a 5.13 score in 2021.
According to NBS, these are the value added tax collected for the various sectoral collections in Q3 2021.
The former head of the Physical Planning Division at the Federal College of Education, Asaba, Ameh Joseph Eche, has appealed to President Muhammadu Buhari, to intervene over what he described as victimization for exposing corruption in the institution.
Pedro could barely talk when he saw this reporter, he sat on a mat with a heavy bandage on his right leg.
According to the National Bureau of Statistics (NBS), these states have the lowest internally generated revenue in H1. Internally Generated Revenue (IGR) for each state is made up of road taxes, pay as you earn, direct assessment, revenue from ministries, departments, and agencies, and other taxes which are made of land-related fees.
The Nigerian media like many across the world is battling revenue sustainability challenges, while also coming to terms with and adapting to revolutionary innovations like data and digital products to stay in business.
-1709067088.webp)
The Federal Government (FG) lost at least N8.09 billion in revenue to Ministries, Agencies, and Departments (MDAs) inefficiencies.
According to Business, Environment and Competitiveness Across Nigerian States (BECAN) IV, Imo State had the least incidence of major crimes in Nigeria with a 75% score. The other states on the list are Nasarawa state (73%), and then Anambra and Plateau state (69%), Zamfara (67%), Kebbi (65%), Bauchi (60.4%), Jigawa (60.40%), Katsina (60%) and Kwara (60%).
The 2019 audit report, has revealed the Accountant General of the Federation’s failure to comply with extant regulations on approval of the federal government’s consolidated financial statement.
Ten Ministries, Agencies, and Departments (MDAs) are to expend between them, a sum of N1.509 trillion on capital expenditure. These MDAs will spend 30.9% of the total capital expenditure of N4.891 trillion in the proposed 2022 budget.
.webp)
The 2019 audit report has revealed that Anambra/Imo River Basin Development Authority failed to present payment vouchers for its zonal Intervention projects vote in 2019 and the Capital Mandates Projects vote in 2019 amounting to N434,681,647.03.
The Federal Government failed to comply with the provisions of the Fiscal Responsibility Act (FRA), 2007 and International Public Sector Accounting Standards (IPSAS) with respect to the submission of its Consolidated Financial Statements.
The details of the 2019 audit report cast a big doubt on the commitment of Africa’s most populous nation to fighting corruption and ensuring proper use of government funds.
The NBS’s Q1 2021 report shows the top 15 sectors with the largest GDP value in all the quarters of 2020.
