The federal government has approved a new imprest ceiling of N700,000 for Ministers and top-level officials across all ...

The Federal Government has launched a clampdown on the rising use of imprest and cash advances after fresh data revealed that over N2.27bn was disbursed under these two expenditure categories in 2024 ...

Imprest refers to a type of cash account maintained by a company used to pay for small incidental or routine expenses. A fixed account balance is established in the imprest account and refunded as ...

The Federal government has approved imprest limits for Ministers and other members of top management across its Ministries, Departments and Agencies.

An Imprest payroll account is a separate account held by a corporation that contains funds strictly for employee payroll use. When payroll comes due, funds are withdrawn from the Imprest account ...

Railway authorities of Vijayawada division introduced imprest cash cards, with the help of SBI, to avoid handling of petty cash by field officers. Releasing them on Friday, DRM Pradeep Kumar said ...

8. Although President Breuder recently said 'imprest payments' were only used on amounts under $15,000, the data shows 232 payments exceeded that threshold and totaled $5.558 million. 9.

The Executive Director of Accounting provides for this by use of an imprest cash fund. A department should never create or increase an imprest cash fund from UAB revenues. Under the imprest system, a ...

GOVERNMENT has banned foreign travel for public officers with outstanding unretired imprest from official trips. According to guidelines issued by Secretary to the Treasury Fredson Yamba and ...

Busia County on spot over Sh170m imprest.A report by the county finance office for the 2017/2018 financial year indicated that the money was taken as imprest during the last quarter of the year ...