Ogala

Budget Padding: Edo LG Chairman Impeached

The chairman of the Egor Local Government Area in Edo State, Hon. Eghe Ogbemudia, has been impeached. Naija News reports that Ogbemudia was impeached over allegations of inflating the council’s supplementary budget and engaging in corrupt practices. The legislative branch of the council took this decisive action following a vote of no confidence directed towards…

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FG mandates MDAs to remit 5% contractors’ retention fees to CBN

The Federal Government through the Office of the Accountant General of the Federation has mandated all FG-owned Ministries, Departments, and Agencies to remit five percent retention fees deducted from contractors’ payments at the Central Bank of Nigeria. A memo signed by the Accountant General of the Federation, OluwaToyin Madein, tagged OAGF/CAD/026/Vol.V/896 said the move became…

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