payment Archives - KapitalFM 92.9 Abuja

AMAC Adopts Digital Revenue Payment For Transparency, Accountability

The Abuja Municipal Area Council (AMAC) has banned all cash payments and manually issued receipts from January 1, 2026, migrating all collections to an automated single treasury account. AMAC chairman, Christopher Maikalangu, announced the policy on Tuesday at a press briefing, describing the policy as a decisive strike against corruption and inefficiency that has deprived the council of vital funds. “For too long, our revenue system has been undermined by […]

December 30, 2025

Economics

Oil Debt : $4m Payment Deadline Set For OML18 Resources

The House of Representatives' Public Accounts Committee has ordered OML18 Resources Limited to pay $4 million in oil royalties and gas flare penalties within five days. The directive was issued during a committee hearing as part of an ongoing investigation into outstanding debts owed by oil companies to the Federation Account. The investigation, based on findings from the 2021 Audit Report and data from the Nigerian Upstream Petroleum Regulatory Commission, […]

May 1, 2025

Education

Council Chairmen Lack Conscience For Neglecting Teachers’ Payment- Wike

Minister of the Federal Capital Territory (FCT), Dr Nyesom Wike, has accused the six Area Council Chairmen of lacking human conscience for refusal to pay primary school teachers and other council workers their rightful wages. Wike stated this while responding to questions from journalists while inspecting projects on what he was doing to end the ongoing LEA industrial action in Abuja. The question followed a protest staged earlier at the […]

April 25, 2025

Featured

NDIC Commences Payment To Depositors Of Liquidited Heritage Bank

The Nigerian Deposit Insurance Corporation, NDIC, says it will commence payments to depositors of Heritage Bank whose license was revoked. The Managing Director of NDIC, Mr. Bello Hassan, stated this during a news briefing in Abuja. Mr Bello while outlining the processes of repayment, explained that the corporation would not take 30 days as stipulated by law, but would settle customers within one week. He noted that preliminary findings […]

June 5, 2024

General

COSROPIN Seeks Payment Of Pension Owed Retirees In States

The Coalition of Societies for the Rights of Older Persons In Nig eria, COSROPIN, has called for the payment of pension arrears owed Retirees in some States. The President of COSROPIN, Senator Eze Ajoku made the call during a Hangout held for Older Persons in Pyape 2, Angwuandadi Community in Nyanya, Abuja. Senator Ajoku who expressed concern over the challenges confronting Retirees in some States said delaying the payment of […]

May 29, 2024

National

Only Special Duties Ministry Can Certify Payment For ZIP/CP

The Federal Government has reiterated that only the Ministry of Special Duties and Intergovernmental Affairs has the mandate to certify for payments of Zonal Intervention Projects and Constitutiency Projects executed by Ministries, Departments and Agencies, and MDAs. The Federal Government made this known in a Servicewide Circular titled: "Revised Guidelines on the Implementation of Zonal Intervention Projects, ZIP and Constituency Projects, CP, signed by the Secretary to the Government of […]

October 16, 2023

Featured

FCC: Victims Allege Payment Of N1m, N2m For Employment

Two victims of alleged Job racketeering, Mr Abdulamalik Ahmed and Ali Yaro at the Federal Character Commission, FCC, say they paid 1m and 2m each to Haruna Kolo for job placement in the commission. They made this revelation when they appeared as witnesses at the resumed investigation by the House of Representatives ad hoc committee probing job racketeering and mismanagement of IPPIS in Abuja. Recounting his ordeal, Ahmed said he […]

August 8, 2023

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