Revenue generating agencies failed to remit N526bn, $21bn in 5 years- NEC

It has been revealed that several revenue generating agencies in Nigeria shortchanged the government of N526 billion and $21 billion between 2010 to 2015.

This was made known Thursday by Governor Ibrahim Dankwambo of Gombe State while briefing State House correspondents after a meeting of the National Economic Council (NEC).

The meeting was chaired by Vice President Yemi Osinbajo.

Dankwambo said the infractions were identified by KPMG who were contracted to carry out a forensic audit of revenue remittances to the Federation Accounts by the NEC.

Dankwambo said a committee he chaired briefed NEC on the findings and it was resolved that the audit period be extended up to June 2017.

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The Gombe governor said all the revenue generating agencies such as the NNPC, NPA, Customs and others were found to culpable.

“A sub-committee will be set up to look at the details of the infringements. Those that are criminal in nature will be handed over to AGF for action,” he said.

 

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