Federal Govt Cracks Down on MDAs Over 300% Surge in Imprest Claims
Written by Blessing Ajibuwa on July 29, 2025
The Federal Government has launched a stringent crackdown on Ministries, Departments, and Agencies (MDAs) following a 308% surge in imprest and cash advance disbursements. The Accountant-General’s Office has issued circulars capping quarterly imprest and cash advances, citing widespread abuse and unretired funds.
Key Points
– *Surge in Imprest Claims*: The surge in imprest claims has led to a significant increase in government expenditure, prompting the Federal Government to take action.
– *New Financial Restrictions*: The government has imposed new financial restrictions on MDAs, capping quarterly imprest at N700,000 for ministers and cash advances at N10 million for special projects.
– *Widespread Abuse*: The Accountant-General’s Office has cited widespread abuse and unretired funds as the reason for the crackdown.
Impact of the Crackdown
– *Improved Financial Discipline*: The crackdown aims to promote financial discipline and accountability in MDAs.
– *Reduced Abuse*: By capping imprest and cash advances, the government hopes to reduce abuse and ensure that funds are used for their intended purposes.
– *Increased Transparency*: The crackdown may lead to increased transparency and accountability in government financial transactions.
