• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
Monday, November 2, 2026
  • Login
No Result
View All Result
NEWSLETTER
Elanza News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
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
18
VIEWS
FacebookTwitterWhatsappEmailTelegram

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.

RelatedPosts

ETP Reaches 170 Widows, Vulnerable People With Food Aid Across Benue

Minister Matawalle joins Tinubu as Air Force inducts five helicopters

DBN–SHF Programme: Preparing Nigeria’s Sanitation and Menstrual Health Entrepreneurs for Sustainable Finance

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:  Tinubu Approves Expansion of PiCNG Mandate to Include Electronic Vehicles

“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
Previous Post

Former Bayelsa LP governorship candidate decamps to APC

Next Post

University Strike Looms Over Delayed Funds

Nathaniel Irobi

Nathaniel Irobi

Related Posts

ETP Reaches 170 Widows,  Vulnerable People With Food Aid Across Benue

ETP Reaches 170 Widows, Vulnerable People With Food Aid Across Benue

by Ojimaojo Abubakar
November 2, 2026
0

Equipping The Persecuted has delivered food to 170 widows and displaced women across four Benue communities and paid hospital bills...

Minister Matawalle joins Tinubu as Air Force inducts five helicopters

Minister Matawalle joins Tinubu as Air Force inducts five helicopters

by Ojimaojo Abubakar
October 30, 2026
0

The Nigerian Air Force has inducted five helicopters to strengthen aerial surveillance and support military operations against terrorism and insurgency...

DBN–SHF Programme: Preparing Nigeria’s Sanitation and Menstrual Health Entrepreneurs for Sustainable Finance

DBN–SHF Programme: Preparing Nigeria’s Sanitation and Menstrual Health Entrepreneurs for Sustainable Finance

by Ojimaojo Abubakar
October 29, 2026
0

Hundreds of sanitation and hygiene entrepreneurs across Nigeria are now better equipped to access finance, and lenders are better prepared...

Next Post
University Strike Looms Over Delayed Funds

University Strike Looms Over Delayed Funds

Kaduna Group Condemns El-Rufai ‘s Alleged Plots To Harras, Destabilise Gov Uba Sani Govt

Kaduna Group Condemns El-Rufai 's Alleged Plots To Harras, Destabilise Gov Uba Sani Govt

Recommended

ETP Reaches 170 Widows,  Vulnerable People With Food Aid Across Benue

ETP Reaches 170 Widows, Vulnerable People With Food Aid Across Benue

5 hours ago
Minister Matawalle woos global defence firms to boost Nigeria’s military production

Minister Matawalle woos global defence firms to boost Nigeria’s military production

4 days ago

Popular News

  • Residents flee as flood ravages 10 communities in Kebbi – NEMA

    Residents flee as flood ravages 10 communities in Kebbi – NEMA

    0 shares
    Share 0 Tweet 0
  • Drama In FCT Polls As APC, PDP Candidates Step Down For Each Other

    0 shares
    Share 0 Tweet 0
  • Boost Military Morale Through Positive Coverage, Media Told

    0 shares
    Share 0 Tweet 0
  • Tiv People Of Benue State Celebrates Cultural Day In Sokoto

    0 shares
    Share 0 Tweet 0
  • Karu SSA Mobilises Youths For APC Ahead Of 2027

    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 (26)
  • Business (882)
  • Education (286)
  • Entertainment (475)
  • Health (261)
  • National (3,566)
  • News (11,330)
  • Opinion (508)
  • Politics (2,364)
  • Science (15)
  • Security (422)
  • Sports (794)

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