Auditors to get N8.7bn for recovering N58bn into Federation Account

Auditors who helped to recover N58bn into the Federation Account are to receive N8.7bn for their efforts, investigation has revealed.

The amount represents 15 per cent of the recovery, which the auditors helped the government to make from banks that failed to remit the money into the Federation Account.

The Revenue Mobilisation, Allocation and Fiscal Commission recently announced that the auditors helped it to recover N58bn, which the banks collecting revenues on behalf of the government failed to remit into the Federation Account.

The PUNCH, June 20, 2018

 

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