House of Representatives Committee on Public Accounts Committee has given a 60-day ultimatum to the Minister of Finance, Wale Edun, and the Accountant General of the Federation, Oluwatoyin Madein, to automate foreign currency collection in foreign missions.
The committee, chaired by Bamidele Salam, gave the directive, yesterday, during its hearing on the status of Automation of Foreign Currency Collection in Nigeria’s foreign missions.
Madein noted that Files Solutions Limited was awarded a contract for the automation at the contract sum of N83.6m on April 28 2021 for five years in addition to the commission of one to five per cent depending on the amount the company could collect.
Former Minister of State for Petroleum Resources, Timipre Sylva, has fired back at Bayelsa State Governor, Douye Diri, linking him to the planned protest against bad governance by President Bola Tinubu. Sylva, in a statement on Tuesday, described Diri's claims as "wild and vile accusations" and a "political culture-shock," adding that he would rather protest…
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