The Federal Government has introduced new spending limits for Ministries, Departments and Agencies to tighten financial discipline and curb misuse of public funds. Ministers can now access a maximum reimbursable imprest of N700,000 per quarter, while permanent secretaries and directors-general are capped at N500,000.

Directors and heads of departments will get N300,000, and heads of formations in states and other authorised imprest holders will have a ceiling of N100,000. The Office of the Accountant-General said the move aligns with Financial Regulation 1003, aiming to ensure accountability and prudent management of resources.

The government also restricted the frequency of imprest reimbursements, allowing only one per quarter, with a second payment in exceptional cases. Accounting officers must ensure strict compliance and proper documentation, and purchases above N1 million must follow formal contract award procedures under the Public Procurement Act 2007.