May 29: Finance minister directs heads of agencies to submit progress reports

Following a circular by Secretary to Government of the Federation (SGF), Boss Mustafa to all ministers to submit hand-over notes as the current administration winds down, Minister of Finance, Mrs. Zainab Ahmed has directed agencies, departments and companies under her supervision to submit their progress reports to her.

Ahmed’s directive was contained in a circular with reference no: FMF/PSSD/HON/32 dated April 8, 2019, which she personally signed.
In it, she ordered Comptroller General of Nigerian Customs Service (NCS), Accountant General of the Federation (AGF), Director General, Debt Management Office, Federal Inland Revenue Service (FIRS), Security and Exchange Commission (SEC), Nigeria Deposit Insurance Cooperation (NDIC),

National Insurance Commission, Investment and Security Tribunal, National Economic Reconstruction Fund, Nigeria Export Import Bank, Pension Transitional Arrangement Directorate (PTAD), Assets Management Corporation of Nigeria (AMCON), Development Bank of Nigeria and Nigeria Sovereign Investment Authority to submit their handing over notes latest by April 23.

According to the circular permanent secretaries and heads of extra-ministerial departments and auditor-general of the federation were also directed to submit their briefs.

According to the ministers: “Following the recently concluded presidential election, preparations are in place to successfully conclude the current administration come May 29, 2019.”

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“As part of the process of transition, all agencies and departments under the Federal Ministry of Finance are directed to prepare their handover notes.

“All handover notes should be submitted to the permanent secretary (special duties) on or before April, 23, 2019. Ensure full compliance.’’
The circular further revealed that the development was to ensure a comprehensive handing over notes for the smooth and effective transition to the in-coming administration on May 29.”

The handover notes were to be prepared in soft copies, hard copies must as well contain lists of files under the custody of all the MDAs.

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