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    Kapital FM 92.9 The Station that Rocks!

Finance

3 Results / Page 1 of 1
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National

Reps Criticize Ministry Of Finance For Unauthorised Withdrawals

The House of Representatives Committee on Public Assets has criticized the Ministry of Finance Incorporated (MOFI) for unauthorized withdrawals from the budget for its operations. The Chairman, Ademorin Kuye questioned MOFI's Managing Director, Dr. Armstrong Takang, on the agency's funding sources and legal basis for taking budget funds. Takang's presentation failed to provide satisfactory answers, leading Kuye to accuse MOFI of wasting the Committee's time. The Committee expressed disappointment with […]

todayJuly 31, 2024 4

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National

Finance Minister Submits Minimum Wage Template To PBAT

The minister of Finance, Wale Edun has submitted the new minimum wage Template to President Bola Tinubu. NewsOnline Nigeria reports that the submission comes two days after Tinubu issued the directive to present a proposed new minimum wage figure and analysis of the associated costs. The finance minister’s report is said to outline several potential new minimum wage levels along with the anticipated fiscal impact on the federal budget of […]

todayJune 6, 2024 37

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Featured

Tenure Limit: Finance Ministry Orders Senior Directors To Resign

In line with the new tenure limit introduced for directors in the Federal Civil Service, the Federal Ministry of Finance has ordered that all its directors who have spent eight years in the directorate cadre to tender their notices for early retirement, our correspondent gathered. A memo signed by the Director of Administration of the ministry, Mariya Rufai which was dated August 3, 2023, was addressed to all directors and […]

todayAugust 4, 2023 18

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