Sentences with phrase «into federation account»

He, however, declared the payment of $ 1.092 billion in the Malabu oil deal into an escrow account at JP Morgan, London, by the former ministers as fraudulent, stressing that the money should have been paid into the Federation Account or the Consolidated Revenue Fund.

Then, the companies will make payments into the Federation Account with the Central Bank of Nigeria.»

The Board had remitted N7.8 billion into the Federation Account, a figure running short of revenue realized last year from UTME sales.

«These transactions werenot required to be presented as contracts to the Board of NNPC and, of course, the monetary value of any crude oil eventually lifted by any of the companies goes straight into the federation account and not to the company.

Oloyede, however, declined comment on the amount that would be remitted into the Federation Account, even though he had earlier hinted that remittance into the account would be same as last year.

However, the situation where people that live in a civil service state like Enugu generate more tax revenues than Kano, which is then paid into the Federation Account, -LSB-...]

«We should not be too alarmed when there is a stalemate because it is all in the public interest to make sure that the monies that we are expecting into the federation account come in and we account for them properly.»

But, the Constitution is very clear: all revenues of government must go into the Federation Account first before anything.»

«We sat down with them and they said we owed in cash call arrears and then we negotiated a way to pay back without tampering with the cash flow coming into the federation account to forestall drop in revenue.

Since the NNPC is said to have recovered the said sum of $ 9.6 billion it should be remitted into the Federation Account.

The indicted oil companies and agencies should be made to remit the said sum of $ 20.2 billion into the Federation Account.

Obiano said the council also received the report of a committee that investigated government agencies collecting revenues in foreign currencies and remitting into the Federation Account in naira.

The governor challenged the President to tell Nigerians how much was returned and the looters who returned the stolen funds, adding that «Since the purported looted funds belong to the Federal Republic of Nigeria, it ought to have been paid into the Federation Account and shared by the Federal, State and Local Government.»

Council received the final report on the Forensic Audit of Revenue Accrued from Revenue Generating Agencies (RGAs) into Federation Account (FA), Excess Crude Account (ECA) and Consolidated Revenue Fund (CRF).

Not exact matches

Beyond disclosure, «the biggest impact could be in requiring advisers to take costs into account when they make recommendations,» says Barbara Roper, director of investor protection for the Consumer Federation of America.

Speaking to the paper, police federation chairman Jan Berry said: «My main argument is with Gordon Brown, but MPs do need to take into account what other groups are getting.

The 1999 Constitution provides for the establishment by each state of the said account into which shall be paid all revenues due to local governments of that state from the Federation Account and from the state goveaccount into which shall be paid all revenues due to local governments of that state from the Federation Account and from the state goveAccount and from the state government.

Without that immediate, and highly plausible, rebuttal, plebgate snowballed into a full scale scandal spawning a resignation, the revelation of a fake eyewitness account, arrests, inquiries, a Channel 4 documentary, a Scotland Yard investigation and demonstrations at the Tory Party conference, and involved the DPP, the CPS, the IPCC, the Diplomatic Protection Group, ACPO and the Police Federation, as well as drawing in all the party leaders, the home secretary and countless MPs.

The 1999 Constitution in section 162 (1) establishes a pool of revenue belonging to all three levels of government, federal, state and local government, called the Federation Account, «into which shall be paid ALL revenues collected by the Government of the Federation, except the proceeds from the personal income tax of the personnel of the Armed Forces of the Federation, the Nigeria Police Force, the Ministry or department of government charged with responsibility for Foreign Affairs and the residents of the Federal Capital Territory, Abuja».

The police federation representatives held a meeting with the minister following the allegations but their account of the meeting, given to the media, has since been called into question.

«That you Mohammed Ahmed Katun while serving as an Assistant Director, Pension Department of the Office of Head of Service of the Federation on or about the 14th day of August, 2009 within the jurisdiction of this Honourable Court, obtained by false pretences and with intent to defraud various sums of money amounting in the aggregate to N24, 660,675.00 (Twenty Four Million, Six Hundred and Sixty Thousand, Six Hundred and Seventy Five Naira only) from the Federal Government of Nigeria through the Pension Account held by the Office of the Head of Service of the Federation of Nigeria through fraudulent payments described as collective allowances into your bank account maintained with Ecobank Nigeria Limited (former Oceanic International Bank Plc) and thereby committed an offence contrary to Section 1 (1)(a) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006 and punishable under Section 1 (3) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006.Account held by the Office of the Head of Service of the Federation of Nigeria through fraudulent payments described as collective allowances into your bank account maintained with Ecobank Nigeria Limited (former Oceanic International Bank Plc) and thereby committed an offence contrary to Section 1 (1)(a) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006 and punishable under Section 1 (3) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006.account maintained with Ecobank Nigeria Limited (former Oceanic International Bank Plc) and thereby committed an offence contrary to Section 1 (1)(a) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006 and punishable under Section 1 (3) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006.»

Over the course of Malloy's 2014 campaign for re-election, the American Federation for Teachers Federal Political Action Committee donated $ 10,000 to the Committee Democratic State Central Committee «Federal Account,» the fund that the Malloy campaign used to launder lobbyist, state contractor and political action committee funds into a program to assist the Malloy campaign.

«Assimilating e-lending to the lending of physical books... does not take into account the economic reality of the book chain and is likely to lead to serious disruptions on the nascent e-book market», the federation said.

This weekend, the Costa Rica Surf Federation took into account that last year the large waves forced the cancellation of the mini-grommets (11 and under) finals and started the categories for the younger kids on the day before the bigger swell was set to arrive.

The federation called for an overhaul of the current EI program under which, workers would keep the money deducted for EI premiums in a personal unemployment account, instead of going into government coffers.

On the other hand, policies issued by our subsidiaries (Perth Insurance, Waterloo Insurance (Economical Select), Federation Insurance or Missisquoi Insurance) are not taken into account for eligibility.

The large difference in figures can be explained by that fact, that World Federation of Exchanges takes into account 100 % of the total market cap, but MSCI includes only 85 % of free float - adjusted market cap.