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SEC considers sacking workers over revenue shortfall

The Securities and Exchange Commission has said it is considering reducing its workforce to cut costs as revenue dwindled. The apex regulator of the c ....

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Reps Committee grills NNPC over revenue leakages, summons GMD, others

By EricJames Ochigbo Abuja, May 25, 2021 The House of Representatives Committee on Finance has demanded that NNPC submits evidences of revenue remittances into the Consolidation Federation Account between 2014 and 2019. At an investigative hearing on Tuesday in Abuja, the committee also demanded for NNPC’s audited ....

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SEC considers sacking workers over revenue shortfall

SEC considers sacking workers over revenue shortfall
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Cost of governance: SEC drops hints of  downsizing

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Cost of governance: SEC drops hints of downsizing
On
By Levinus Nwabughiogu-Abuja
Security and Exchange Commission, SEC yesterday said it was considering an option that would help it reduce the cost of governance.
This was as the House of Representatives asked the Nigeria National Petroleum Corporation, NNPC to produce evidence of its remittances into the Federation account between 2014 and 2019.
Appearing before the House of Representatives Committee on Finance monitoring and investigating revenue remittances by the Ministries, Department and Agencies, MDAs of government into the public coffers, the Director-General of SEC, Lamido Yuguda represented by the Executive Commissioner, Corporate Services, Ibrahim D. Boyi said 80 percent of the agency’s cost was spent on staff, especially the management cadre. ....

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Breaking News | Cost Of Governance: SEC Drops Hints Of  Downsizing

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as Reps demand NNPC’s evidence of remittances into federation account By Levinus Nwabughiogu-Abuja Security and Exchange Commission, SEC yesterday said it was considering an option that would help it reduce the cost of governance.
This was as the House of Representatives asked the Nigeria National Petroleum Corporation, NNPC to produce evidence of its remittances into the Federation account between 2014 and 2019.
Appearing before the House of Representatives Committee on Finance monitoring and investigating revenue remittances by the Ministries, Department and Agencies, MDAs of government into the public coffers, the Director-General of SEC, Lamido Yuguda represented by the Executive Commissioner, Corporate Services, Ibrahim D. Boyi said 80 percent of the agency’s cost was spent on staff, especially the management cadre. ....

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