The Office of the Accountant-General of the Federation (OAGF) has so far received N3.740 billion as budgetary disbursements this year. Accountant-General of the Federation (AGF) Mr. Idris Ahmed made this disclosure during the 2018 budget defence of the Federal Ministry of Finance before the Senate on Tuesday in Abuja.
Ahmed said so far, in the budgetary releases made to OAGF this year include N2.836 billion for recurrent; N404 million for overheads and N400 million for capital projects. Before the releases were made, appropriation to the OAGF was set at N2.988 billion for recurrent; N664 million for overheads and N792 million for capital expenditures.
Meanwhile the AGF has told members of the House Committee on Finance that for the budgeting process to be efficient, transparent and effective, both the Executive and Legislative arms of government needed to work in harmony. He spoke during a three-day retreat for House Committee members on Finance and key stakeholders.
Photo Caption: Accountant-General of the Federation (AGF) Mr. Idris Ahmed
National Wire About Nigerians, Nigerian Business and Other Stories