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FG launches initiative to boost service-wide financial literacy

Lack of primary skills on how to manage, save and invest money was one of the reasons why public employees experience financial troubles, as most public servants do not cultivate an effective saving habit. ....

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FG starts program to improve financial literacy across the entire service

According to Dr. Zainab Ahmed, Minister of Finance, Budget, and National Planning, one of the reasons why public employees have financial difficulties is a lack of basic skills in money management, saving, and investing. Most public employees do not develop a strong saving habit. ....

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$700m looted funds returned in 4 yrs; Nigeria receives £4.2m recovered from UK — Malami


…How illicit finance flows out of Nigeria Finance Minister
By Emma Ujah, Abuja Bureau Chief & Ikechukwu Nnochiri
The Federal Government recovered  $700 million looted funds in the last four years, even as it just received the £4.2 million taken from Delta State’s treasury by an ex-governor of the state from the United Kingdom.
The Attorney-General and Minister of Justice, Abubakar Malami, who disclosed this during a virtual international conference on Illicit Financial Flows, IFF, yesterday, said:  “Nigeria, through proactive and collaborative efforts with other countries, has recovered and ensured the return of over $700 million from the US, the UK, Bailiwick of Jersey, Switzerland, and Ireland in the past four years. ....

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