FG Settles N333bn Debt Owed to Power Firms

FG Slashes Cabinet Imprest to Enforce Fiscal Discipline

The Federal Government has slashed the maximum reimbursable imprest for ministers to 700,000 naira as part of a severe fiscal tightening campaign. This cash ceiling represents a key pillar of a new regulatory strategy designed to curb institutional waste across Ministries, Departments, and Agencies. The sharp reduction appeared in the 2026 Annual General Imprest Warrant…

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