• Latest
  • Trending
Tinubu, Kwankwaso In Close-Door Meeting

Tinubu Orders CBN To Stop Payment To MDAs, Suspends Assistant Director In Charge of IPPIS,

June 16, 2023
Ekiti Muslim Women Vow Mass Support for Oyebanji Re-election

Ekiti Muslim Women Vow Mass Support for Oyebanji Re-election

June 15, 2026
Sacked COO Varsity Lecturers Deny Sex Exploitation, Other Claims

Sacked COO Varsity Lecturers Deny Sex Exploitation, Other Claims

June 15, 2026
3 AK-47s, Locally Fabricated Gun Recover From Political Party Office in Sokoto

No Lakurawa Invasion: Oyo Police Dismisses 300 Terrorists Claim

June 15, 2026
46 Suspected Illegal Immigrants  Arrested in Ogun

46 Suspected Illegal Immigrants Arrested in Ogun

June 15, 2026
Gunmen Attack Police Station, Kill Inspector

Gunmen Abduct Ondo Monarch, Injure wife in Palace attack

June 15, 2026
https://www.firstbanknigeria.com/personal/loans/mreif-home-loan/
ADVERTISEMENT
Suspension of Sen Sumaila, 3 others; baseless and politically motivated- NNPP NWC

NNPP: We Won’t Collapse Structure For NDC Or Anyone

June 15, 2026
FIFA To Pay Somali Ref Artan Full World Cup Fee Despite US Ban

FIFA To Pay Somali Ref Artan Full World Cup Fee Despite US Ban

June 15, 2026
APC Names Kudirat Balogun as Ogun Deputy Gov Candidate

APC Names Kudirat Balogun as Ogun Deputy Gov Candidate

June 15, 2026
Gov Radda Mourns as Gen Rabe Abubakar Dies in Bandits’ Den

‘Not Diabetic’: Family Disputes Cause Of Gen Rabe’s Death

June 15, 2026
ADVERTISEMENT
  • About US
  • Advert Rates
  • Privacy Policy
  • Contact
Monday, June 15, 2026
  • Login
No Result
View All Result
Present Nigeria
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
No Result
View All Result
Present Nigeria
No Result
View All Result

Tinubu Orders CBN To Stop Payment To MDAs, Suspends Assistant Director In Charge of IPPIS,

by Present Nigeria
June 16, 2023
in News
0
Tinubu, Kwankwaso In Close-Door Meeting
29
SHARES
57
VIEWS
FacebookTwitterWhatsappTelegram

President Bola Ahmed Tinubu has reportedly directed the Central Bank of Nigeria CBN to stop further payments to the Ministries, Departments, and Agencies, MDAs, of the Federal Government till further notice.

According to a source, the directive which came immediately after President Tinubu assumed office was to  ensure accountability in the MDAs and to prevent looting of government treasury

RelatedPosts

Ekiti Muslim Women Vow Mass Support for Oyebanji Re-election

Sacked COO Varsity Lecturers Deny Sex Exploitation, Other Claims

No Lakurawa Invasion: Oyo Police Dismisses 300 Terrorists Claim

The source said that the directive was total and clear, with no exception

Investigation revealed that following the development,  the MDAs to have placed a total embargo on payments to their creditors till further notice and as well finding it difficult to operate as no more money coming from the government, CBN

A Director General of a federal Government Agency who confirmed the development to Saturday Tribune in confidence said that the directive had grounded operations for the second weeks running now as the Agency had no money to run its operations

According to him, “Federal Government has placed an embargo on CBN to stop further payments to the MDAs, we are not expecting money from anywhere, debts are piling up, even money we are owing Media Houses for advertisements, we have no money to settle the debts

” The saving grace we have is that the staff salaries are being paid directly from the office of the Accountant General of the federation, I think the situation will be normalized very soon”.

This came just as President Tinubu approved the suspension of the Assistant Director In Charge of the Integrated Personnel and Payroll Information System (IPPIS). and others In the Office of the Accountant General of the Federation,  OAGF, for alleged Salary Padding

It was gathered that the Assistant Director at the OAGF in charge in charge of staff salary was alleged to have connived with some staff to pad up the salaries of an unspecified number of lower-level staff.

According to findings, many civil servants across several Ministries, Departments, and Agencies (MDAs), including the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) and Office of the Accountant General of the Federation (OAGF), have been suspended for alleged salary padding on the Integrated Personnel and Payroll Information System (IPPIS).

The development was confirmed by a top official in the office of the Accountant General of the Federation, who hinted that those identified had been placed on suspension pending investigation.

According to him, “The scam was discovered when a level 7 officer whose salary should be in the range of N60,000 was paid over N400,000, which was in the range of a salary package of a Director.

” The salary padding racket had been on for a while among a small clique of civil servants in different MDAs with the IPPIS office in the OAGF as the epicenter

 The source further hinted that ” a staff suspected to be connected with the breach has been suspended to allow for a thorough investigation.”

“All necessary steps are being taken to strengthen the controls around the IPPIS payment platform, and an independent forensic audit of the entire payroll system is underway to ascertain if the reported breach is isolated or widespread,” the source further added.

(tribune)

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Telegram (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)

Related

Share12Tweet7SendShareShare2
Previous Post

EFCC Arrest FMC Staff, 50 Others For Internet Fraud

Next Post

Microfinance Bank Manager Commits Suicide Over N1m Loan Default Crises

Related Posts

Sacked COO Varsity Lecturers Deny Sex Exploitation, Other Claims

Sacked COO Varsity Lecturers Deny Sex Exploitation, Other Claims

June 15, 2026
3 AK-47s, Locally Fabricated Gun Recover From Political Party Office in Sokoto

No Lakurawa Invasion: Oyo Police Dismisses 300 Terrorists Claim

June 15, 2026
46 Suspected Illegal Immigrants  Arrested in Ogun

46 Suspected Illegal Immigrants Arrested in Ogun

June 15, 2026
Gunmen Attack Police Station, Kill Inspector

Gunmen Abduct Ondo Monarch, Injure wife in Palace attack

June 15, 2026
Next Post
Microfinance Bank Manager Commits Suicide Over N1m Loan Default Crises

Microfinance Bank Manager Commits Suicide Over N1m Loan Default Crises

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
It leads in lucid presentation of trending stories and breaking news in Politics, Business, Economy, Entertainment, Sports, Lifestyles and Other Features.
With a heritage of in-depth coverage and adept leverage of core professionals, PRESENT is the trusted witness of the news.

  • Privacy Policy
  • Contact Us
  • Advert Rates

© 2025 Present Nigeria. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News

© 2025 Present Nigeria. All Rights Reserved.