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Tag: Debt recovery

FG recovers N57bn from N5.2trn debt owed by MDAs
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FG recovers N57bn from N5.2trn debt owed by MDAs

The Federal Ministry of Finance has made significant strides in the recovery of outstanding debts owed by various ministries, departments, and agencies to the Federal Government. Aisha Omar, the Director of Special Projects at the Federal Ministry of Finance, disclosed during a one-day workshop in Enugu that over N57 billion has been recovered from the […]

FG to end fuel subsidy in 2023 - Minister
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Over 5,000 debtors owe 10 FG agencies N4.67tn – Minister

The Federal Government has disclosed that over 5,000 debtors currently owe its agencies about N4.67tn. The Minister of Finance, Budget, and National Planning, Zainab Ahmed, who made the disclosure on Monday, said the government had in the past 18 months recovered N53.8bn out of the N5.2tn owed 10 ministries, departments and agencies. The minister made […]