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Another N793m unremitted fund recovered, says FG

Published by Daily Times on Thu, 22 Dec 2016


As the Federal Government intensifies efforts to recover unremitted operating surpluses by Agencies and increase Independent Revenue, an additional sum of N793 million has been recovered from three Federal Government Agencies by the Recovery Committee set up two weeks ago by the Minister of Finance, Mrs. Kemi Adeosun. The Committee was tasked to recover unremitted N450 billion operating surpluses from Federal revenue-generating Ministries, Departments and Agencies (MDAs). The surpluses are legally classified as a Federal Treasury Revenue. The Committee swung into action by issuing demand notices to 17 of the initial 33 affected Agencies, out of which it met withThe post Another N793m unremitted fund recovered, says FG appeared first on Daily Times Nigerian Newspaper.
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