By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Times ReportersTimes Reporters
  • Home
  • News
  • Politics
  • Business
    • Economy
  • Sports
  • Entertainment
  • About Us
  • Bookmarks
Search
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Reading: FG Issues Mandatory Compliance Directive To MDAs
Share
Sign In
Notification Show More
Latest News
FG Issues Mandatory Compliance Directive To MDAs
Business Civil Service Economy News
AITEC-WORLD Launches Initiative To Revolutionize Africa’s Tourism, Economic Cooperation 
Business Civil Society Organisations Culture Environment News Travel/Leisure
Media Trials: False Scandals Undermining Police Integrity
Insecurity Media Metro News
Dangote Bags ‘Cement Company of the Year’ Award At Africa Housing Show
Awards and Recognitions Business Metro News
NCAA Suspends Two ValueJet Pilots for Breach of Safety Protocols at Abuja Airport
Aviation News
Aa
Times ReportersTimes Reporters
Aa
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Search
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Have an existing account? Sign In
Follow US
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Times Reporters > Business > Economy > FG Issues Mandatory Compliance Directive To MDAs
BusinessCivil ServiceEconomyNews

FG Issues Mandatory Compliance Directive To MDAs

Publisher
By Publisher Published August 7, 2025
Share
2 Min Read
SHARE
The Federal Government, through the Equipment Leasing Registration Authority (ELRA) under the supervision of the Federal Ministry of Finance, has issued a mandatory compliance directive to all Ministries, Departments, and Agencies (MDA’s) regarding equipment leasing procedures and documentation in the country.
This was disclosed in a statement made available to newsmen in Abuja on Thursday by the Registrar/CEO of ELRA, Donald Wokoma.
Wokoma said the notice, based on the Circular with Ref. No. F/LEG/2809/15/T2/7 dated 27th June 2025 from the Federal Ministry of Finance, formally establishes the operational framework for ELRA and mandates all MDA’s to engage the agency on all equipment leasing matters.
According to the circular, all MDAs are now required to interface with ELRA via its official website (www.elra.gov.ng) or designated phone lines (0705 032 4595, 0803 612 7118) for any transactions involving equipment leasing.
“The key directives to MDA’s include: Ensuring that an ELRA registration certificate accompanies all procurement processes involving equipment leasing;
“Registering all lease agreements with ELRA as a prerequisite for procurement eligibility;
“Complying fully with the Public Procurement Act, which aims to streamline leasing operations and support the Federal Government’s revenue mobilization strategies,” the circular explained.
Wokoma said the new compliance regime was expected to bring transparency, accountability, and regulatory oversight to equipment leasing transactions within public institutions.
He also emphasised the importance of wide circulation and strict adherence to the directive across all government institutions.
“The integration of equipment leasing into a formal registration process will not only boost confidence in lease transactions but also contribute to the overall fiscal efficiency of the government,” Wokoma noted.
He, therefore, urged stakeholders to take immediate action to align with the directive to avoid contravening the established regulations.

Like this:

Like Loading...

Related

You Might Also Like

AITEC-WORLD Launches Initiative To Revolutionize Africa’s Tourism, Economic Cooperation 

Media Trials: False Scandals Undermining Police Integrity

Dangote Bags ‘Cement Company of the Year’ Award At Africa Housing Show

NCAA Suspends Two ValueJet Pilots for Breach of Safety Protocols at Abuja Airport

Literary festival showcases Buratai’s leadership lessons for youth

TAGGED: Equipment leasing, Federal Government of Nigeria

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Publisher August 7, 2025
Share this Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Telegram Email Copy Link Print
Share
Previous Article AITEC-WORLD Launches Initiative To Revolutionize Africa’s Tourism, Economic Cooperation 
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe
Telegram Follow

– Member of –

- Advertisement -
Ad imageAd image

Latest News

FG Issues Mandatory Compliance Directive To MDAs
Business Civil Service Economy News August 7, 2025
AITEC-WORLD Launches Initiative To Revolutionize Africa’s Tourism, Economic Cooperation 
Business Civil Society Organisations Culture Environment News Travel/Leisure August 7, 2025
Media Trials: False Scandals Undermining Police Integrity
Insecurity Media Metro News August 7, 2025
Dangote Bags ‘Cement Company of the Year’ Award At Africa Housing Show
Awards and Recognitions Business Metro News August 6, 2025

You Might also Like

BusinessCivil Society OrganisationsCultureEnvironmentNewsTravel/Leisure

AITEC-WORLD Launches Initiative To Revolutionize Africa’s Tourism, Economic Cooperation 

August 7, 2025
InsecurityMediaMetroNews

Media Trials: False Scandals Undermining Police Integrity

August 7, 2025
Awards and RecognitionsBusinessMetroNews

Dangote Bags ‘Cement Company of the Year’ Award At Africa Housing Show

August 6, 2025
AviationNews

NCAA Suspends Two ValueJet Pilots for Breach of Safety Protocols at Abuja Airport

August 6, 2025
Times ReportersTimes Reporters
Follow US

© 2024 Times Reporters | Deigned by AuspiceWeb Graphics. All Rights Reserved.

  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
Join Us!

Subscribe to our newsletter and never miss our latest news!

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?
%d