FG tightens control of public funds, caps ministers’ cash advances at N700,000

FG tightens control of public funds, caps ministers’ cash advances at N700,000

The Federal Government has rolled out stricter financial control measures across Ministries, Departments and Agencies (MDAs), introducing new limits on official cash advances and reinforcing compliance requirements aimed at curbing abuse of public funds. The reforms are contained in the 2026 Annual General Imprest Warrant approved by the Minister of Finance and Coordinating Minister of…

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Govt Alone Cannot Deliver Economic Transformation — Shettima

Govt Alone Cannot Deliver Economic Transformation — Shettima

[mc4wp_form id=33047] Vice President Kashim Shettima on Monday said Nigeria’s ambition to build a $1tn economy will depend largely on private sector investment, strategic reforms and stronger collaboration among all levels of government, describing Lagos State as a model for subnational economic transformation and investment-driven growth. Speaking at the opening of the Invest Lagos 3.0…

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