NIMASA, NPA, NCC Queried Over Revenue
The Chairman of the Governors Forum and Zamfara governor, Abdulaziz Yari has queried revenue generating agencies like NIMASA, NPA and the NCC over failure to remit revenue generated to the federation account as required by the constitution.
The governor disclosed this during the inauguration of a four-man committee constituted to investigate accruals and withdrawals from the Federation Account and the Excess Crude Account from 2012 to May 2015.
The committee which comprises Governor Adams Oshimhole of Edo, Governor Nasir El-Rufai of Kaduna and Governor Emmanuel Udom of Akwa Ibom is acting in accordance with President Muhammadu Buhari’s directive that insisted provisions of the constitution must be implemented with regard to remittance of all federal money into the federation account.
“He insisted on putting in section 80 and section 162 of the constitution which says that all monies should go into the federation account.
“Some revenue generating agencies are not paying, he mentioned some: NPA, NIMASA, NCC and many others.
“So all these revenue generating agencies the council expects that their funds should go into the Consolidated Federation Revenue Account as directed by the President,”Yayi said.
The president yesterday, June 29, 2015, inaugurated the National Economic Council (NEC), with a pledge to ensure accountability, transparency and integrity in the distribution of funds in the Federation Account.
Thirty six state governors, the minister of the Federal Capital Territory and Permanent Secretaries for the key ministries that have something to do with the economy were inaugurated as members of NEC.
President Buhari however, directed that all revenues from the Nigerian National Petroleum Corporation, Nigerian Customs Service, Federal Inland Revenue Service, Nigerian Ports Authority, Central Bank of Nigeria, Nigerian Maritime Administration and Safety and the Liquefied Natural Gas, among others should be remitted into the Consolidated Revenue fund.
The Chairman of the Governors Forum and Zamfara governor, Abdulaziz Yari has queried revenue generating agencies like NIMASA, NPA and the NCC over failure to remit revenue generated to the federation account as required by the constitution.
The governor disclosed this during the inauguration of a four-man committee constituted to investigate accruals and withdrawals from the Federation Account and the Excess Crude Account from 2012 to May 2015.
The committee which comprises Governor Adams Oshimhole of Edo, Governor Nasir El-Rufai of Kaduna and Governor Emmanuel Udom of Akwa Ibom is acting in accordance with President Muhammadu Buhari’s directive that insisted provisions of the constitution must be implemented with regard to remittance of all federal money into the federation account.
“He insisted on putting in section 80 and section 162 of the constitution which says that all monies should go into the federation account.
“Some revenue generating agencies are not paying, he mentioned some: NPA, NIMASA, NCC and many others.
“So all these revenue generating agencies the council expects that their funds should go into the Consolidated Federation Revenue Account as directed by the President,”Yayi said.
The president yesterday, June 29, 2015, inaugurated the National Economic Council (NEC), with a pledge to ensure accountability, transparency and integrity in the distribution of funds in the Federation Account.
Thirty six state governors, the minister of the Federal Capital Territory and Permanent Secretaries for the key ministries that have something to do with the economy were inaugurated as members of NEC.
President Buhari however, directed that all revenues from the Nigerian National Petroleum Corporation, Nigerian Customs Service, Federal Inland Revenue Service, Nigerian Ports Authority, Central Bank of Nigeria, Nigerian Maritime Administration and Safety and the Liquefied Natural Gas, among others should be remitted into the Consolidated Revenue fund.
