HomePoliticsFG Tightens Spending, Slashes Ministers’ Imprest to N700,000

FG Tightens Spending, Slashes Ministers’ Imprest to N700,000

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The Federal Government has introduced measures to manage spending across Ministries, Departments, and Agencies by reducing reimbursable imprest limits and increasing oversight of public funds.

An imprest is a cash advance given to public officers for routine and urgent official expenses that do not require the standard government procurement process.

According to financial guidelines, these funds must be accounted for with supporting documents and retired before fresh approvals are given.

The new directives are contained in the 2026 Annual General Imprest Warrant signed by the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele.

The details were shared in a Federal Treasury Circular dated June 3, 2026, and signed by the Accountant-General of the Federation, Shamseldeen Ogunjimi. It permits accounting officers across the three arms of government to approve funds to eligible holders under new spending limits.

Under the new rules, ministers have a maximum reimbursable imprest of N700,000. Permanent secretaries and

This post was originally published on this site.

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