• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
Saturday, May 17, 2025
  • Login
No Result
View All Result
NEWSLETTER
Elanza News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
No Result
View All Result
Elanza News
Home News

Audit queries: Senate decries persistent absence of FIRS, NNPCL, NCS, CBN before panel

Nathaniel Irobi by Nathaniel Irobi
February 5, 2025
in News
0
Audit queries: Senate decries persistent absence of FIRS, NNPCL, NCS, CBN before panel
0
SHARES
10
VIEWS
FacebookTwitterWhatsappEmailTelegram

RelatedPosts

Christian Group Seeks Reversal of NBAIS Certificate Recognition

Ijaw, Urhobo Communities Warn Against Ethnic Influence In Warri Delineation Dispute

FAAC Announces N1.681 Trillion Revenue Distribution for April, Boosting Federation Account to N2.848 Trillion

The Senate has expressed concern over consistent failure of some critical revenue generating agencies to respond to expenditure queries raised by Office of Auditor-General for the Federation, (OAGF).

It also vowed to report and recommend sack of the chief executives of such agencies to President Bola Ahmed Tinubu for appropriate action.

Chairman, Senate Committee on Public Accounts, Sen. Aliyu Wadada, said these at a news conference in Abuja on Tuesday.

He said there was the need for the agencies to account for the funds appropriated by the National Assembly, in line with legislative provisions that empowers the parliament to carry out oversight responsibilities.

Wadada said that the auditor-general’s report which had been submitted to the committee raised significant queries on the expenditure of some of the agencies.

He listed some of the agencies that failed to appear before the committee to answer to the audit queries to include: Federal Inland Revenue Service (FIRS), Central Bank of Nigeria (CBN), Nigeria Customs Service (NCS) and Nigerian National Petroleum Company Limited, (NNPCL), among others.

The lawmaker said that the senate would report heads of such agencies to the president after providing them with another opportunity to answer to the queries.

“All efforts to get Nigeria Customs Service to the table to know how this happen proved abortive.

“It is important for Nigerians to know what happened under “ways and means”, why Central Bank of Nigeria debited borrower and credited borrower.

ALSO READ:  UPDATED: Yahaya Bello, co-defendants plead not guilty over alleged fraud

“Central Bank of Nigeria debited consolidated revenue funds account and credited treasury single account which amounted to over N30 trillion.

“Consolidated revenue funds account is government account, and the TSA is also government account.

“And in charging the interest, instead of the interest to be charged to treasury account, they went ahead again to charge the treasury account.

“They also went ahead to the treasury account and charged the consolidated revenue funds account, which now have amounted to over N6 trillion.

“There were correspondences among the committee, the Minister of Finance and Coordinating Minister of the Economy and the Debt Management Office (DMO) because of the faulty document which they were not ready to answer and have been evasive,” he said.

Wadada said that the report of the auditor-general for the federation which queried the agencies covered 2019 till date.

He also alleged that Nigeria Satellite Communications Limited had been invited for about nine times, but failed to appear, adding that Nigeria Police Force and Nigeria Civil Aviation Authority also fell into the category. (NAN)

Tags: NNPCL
Nathaniel Irobi

Nathaniel Irobi

Related Posts

Christian Group Seeks Reversal of NBAIS Certificate Recognition

Christian Group Seeks Reversal of NBAIS Certificate Recognition

by Ojimaojo Abubakar
May 17, 2025
0

A coalition of Christian leaders under the banner of The National Prayer Altar (TNPA) has called on the Nigerian government...

Ijaw, Urhobo Communities Warn Against Ethnic Influence In Warri Delineation Dispute

Ijaw, Urhobo Communities Warn Against Ethnic Influence In Warri Delineation Dispute

by Ojimaojo Abubakar
May 17, 2025
0

Tensions are simmering in Delta State as the Ijaw and Urhobo ethnic groups of Warri Federal Constituency have accused the...

FAAC Announces N1.681 Trillion Revenue Distribution for April, Boosting Federation Account to N2.848 Trillion

FAAC Announces N1.681 Trillion Revenue Distribution for April, Boosting Federation Account to N2.848 Trillion

by Nathaniel Irobi
May 17, 2025
0

The Federation Account Allocation Committee (FAAC) has revealed a disbursement of N1.681 trillion to the three tiers of government for...

Recommended

Dr. Ibrahim Trader Bags Northern Elders Award Of Excellence

Dr. Ibrahim Trader Bags Northern Elders Award Of Excellence

7 days ago
APC Youth Lauds Defence Minister Matawalle’s Outstanding Contributions, Disowns Blackmailers

APC Youth Lauds Defence Minister Matawalle’s Outstanding Contributions, Disowns Blackmailers

6 days ago

Popular News

  • Environment Minister’s Scholarship Beneficiary Tops 2025 UTME In Northern Nigeria With 345 Score

    Environment Minister’s Scholarship Beneficiary Tops 2025 UTME In Northern Nigeria With 345 Score

    0 shares
    Share 0 Tweet 0
  • Middle Belt Calls for Restoring Justice in Kaduna, Reversing El-Rufai’s Divisive Policies

    0 shares
    Share 0 Tweet 0
  • Association Hails Works Minister, Urges Re-award Of Abandoned Road Projects

    0 shares
    Share 0 Tweet 0
  • Forest Guard Must Remain Free Of Political Interference, Says NCYP

    0 shares
    Share 0 Tweet 0
  • Zangon-Kataf LG Chair Makes Fresh Aide Appointments To Deepen Inclusive Governance

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Instagram Twitter Youtube
Elanza logo

Elanza News is your NO 1 online platform for all news update.
#SayNoToFakeNews
Contact Us

Category

  • Arts & Literature (25)
  • Business (703)
  • Education (212)
  • Entertainment (306)
  • Health (183)
  • National (2,021)
  • News (7,599)
  • Opinion (280)
  • Politics (1,543)
  • Science (15)
  • Security (402)
  • Sports (410)

Newsletter

© 2023 Elanza News - The No 1 online news platform

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Health

© 2023 Elanza News - The No 1 online news platform