Funding gaps behind February salaries delay — Accountant-Common

The Workplace of the Accountant-Common of the Federation has attributed the delay within the cost of February 2026 salaries for workers of the Federal Ministry of Metal Improvement and 4 federal companies to shortfalls in personnel price allocations.

This disclosure was contained in a press release by the Director of Press and Public Relations on the Workplace of the Accountant-Common of the Federation, Bawa Mokwa, issued on Monday, noting that the affected organisations skilled funding gaps of their wage budgets for the month.

In response to the workplace, the delay affected the Federal Ministry of Metal Improvement, the Nigerian Export Promotion Council, the Nationwide Rural Electrification Company, Kamuku Nationwide Park, and the Council for the Regulation of Freight Forwarding in Nigeria.

“The delay was brought on by wage shortfalls recorded within the personnel price allocations of the affected MDAs,” the assertion learn. The OAGF mentioned the clarification was issued in response to considerations raised by civil servants over the non-payment of February 2026 salaries in some federal organisations.

It defined that the affected ministries, departments, and companies had been suggested to have interaction with the Money Administration Workplace of the Federal Ministry of Finance to resolve the shortfalls accountable for the delay.

“The Workplace of the Accountant-Common has communicated with the affected MDAs to liaise with the Money Administration Workplace of the Federal Ministry of Finance to resolve the problem of the wage shortfalls,” the assertion added.

The workplace pressured that the delay was restricted to the listed organisations and confirmed that salaries for different federal employees had already been paid. “The delay in wage cost for the affected organisations was strictly as a consequence of these shortfalls, confirming that salaries for different federal employees had already been paid,” the assertion famous.

The OAGF additionally addressed complaints from civil servants whose wage accounts are domiciled with Normal Chartered Financial institution, stating that the employees had been unable to entry their salaries as a consequence of a financial institution coverage requiring a minimal opening stability of N7m.

In response to the workplace, though the salaries had been paid into the financial institution, the affected employees couldn’t entry the funds due to the account requirement.

“Civil servants whose wage accounts are domiciled with Normal Chartered Financial institution had been unable to entry their salaries as a result of financial institution’s coverage requiring a minimal opening stability of seven million naira. Nonetheless, the salaries of the affected employees had been paid to the financial institution,” the assertion mentioned.

The OAGF assured employees affected by the delays that efforts had been ongoing to resolve the problems and be sure that the excellent salaries are paid promptly.

Within the proposed 2026 Federal Authorities price range, personnel prices for ministries, departments, and companies are projected at about N8.36tn, with extra allocations for pensions and gratuities pushing complete staff-related spending greater.