The Nigerian State House has denied supporting a 'fake' agency, the PFIPC, and clarified that it did not request a budget code from the Office of the Accountant General of the Federation for the organization. This comes as the FRSC also clarified its approval process for plate numbers, distancing itself from the alleged fake agency.
A Director at the Central Bank of Nigeria (CBN), Hamisu Abdullahi, informed a House of Representatives ad-hoc committee that government accounts are opened only with authorization from the Office of the Accountant General of the Federation (OAGF), amidst a probe into the Presidential Foreign Investment Promotion Council (PFIPC).
Nigeria's Office of the Accountant General of the Federation (OAGF) clarified that the facilities accessed from the World Bank are loans, not grants, addressing a perceived "6 months ultimatum."
Former Vice President Atiku Abubakar has called on the National Assembly to jointly summon the Accountant-General of the Federation and the Governor of the Central Bank of Nigeria to address conflicting accounts regarding the PFIPC.
The Nigerian House of Representatives Public Accounts Committee (PAC) has directed the Office of the Accountant-General of the Federation (OAGF) to provide a comprehensive breakdown of outstanding operating surplus and other revenues allegedly owed by the Central Bank of Nigeria (CBN) and the Nigerian National Petroleum Company Limited (NNPCL).
The Office of the Accountant-General of the Federation (OAGF) has commenced the payment of February 2026 salaries to Federal Government treasury-funded workers.
The post FG commences February Salary payment appeared first on Vanguard News.
A director from the Central Bank of Nigeria informed the House of Representatives committee that fake agency accounts, opened on the directive of the Office of the Accountant-General of the Federation, had zero balances and were never operated.
The Office of the Accountant-General of the Federation (OAGF) has clarified that the PFIPC does not have an operational CBN account and has not received any funds. The account opening process for PFIPC was described as inconclusive.
The Public Accounts Committee warned that non-compliance with its directive, which is in line with Section 85(6) of the Constitution, would attract legislative sanctions.
The post Reps give OAGF, AuGF October deadline to submit outstanding financial statements appeared first on Premium Times Nigeria.