By George Mgbeleke <\/p>\n
The Senate Tuesday through its Public Accounts Committee ( SPAC) , vacated query of N62.2billion underremittance , slammed on Nigeria Customs Service ( NCS) by the office of Auditor General of the Federation in the 2019 audit report. <\/p>\n
The committee which had an investigative session on the entire 77 queries on financial infractions raised against Customs in the 2019 and 2020 audit reports , with the Comptroller General of Customs , Bashir Adewale Adeniyi , also resolved to set up a small committee for reconciliation of the remaining 76 queries.<\/p>\n
Customs smooth sail at the investigative session , followed convincing responses made to queries one , two and three read to him by representative of the Auditor General of the federation .<\/p>\n
Representative of Auditor General as directed by Chairman of the committee , Senator Ibrahim Dankwabo ( Gombe North ) , read to the Customs CG that in 2017 , while N691.242billion was the total revenue collection by Customs , N629.23bilion was remitted, leaving balance of N62.2billion unremitted into the Federation Account .<\/p>\n
In his response to the query , the Customs CG said the N62.2billion classified as unremited or underremittance in the 2019 audit report , was the total sum of levies collected by Customs on behalf of other agencies which are not for remittance into federation account.<\/p>\n
” The under remittance of N62.2billion leveled against Customs in the 2019 audit report , was wrongly arrived at through misclassification of levies collected .<\/p>\n
” While most of the levies are to be collected and remited into federation account , others like the ones on local production of wheat , textiles and wines etc , do not go into federation account , totality of which accounted for the alleged unremited N62.2billion “, he said .<\/p>\n
Similar explanations were offered by the Customs CG on queries two and three , which made a member of the committee , Senator Babangida Hussaini ( Jigawa North West ) , to wonder why Customs allowed the queries to get to the level of committee’s investigation .<\/p>\n
” I was in the civil service just like the Chairman of the Committee , Senator Ibrahim Dankwabo ( Gombe North ) , before venturing into politics . Queries one, two and three that you have responded to , supposed to have been trashed out at reconciliation level with the auditors and not allowed to get to this stage “, he said <\/p>\n
The Customs boss however reminded the committee members that the years under review , were period when the Senate and Customs had frosty relationship . <\/p>\n
The committee on the strength of his explanation , resolved to set up a small committee to meet with customs for reconciliation of issues raised in the remaining 74 queries .<\/p>\n","protected":false},"excerpt":{"rendered":"
By George Mgbeleke The Senate Tuesday through its Public Accounts Committee ( SPAC) , vacated query of N62.2billion underremittance , slammed on Nigeria Customs Service ( NCS) by the office of Auditor General of the Federation in the 2019 audit report. The committee which had an investigative session on the entire 77 queries on financial […]<\/p>\n","protected":false},"author":2,"featured_media":8992,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-14669","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-economy"],"_links":{"self":[{"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/posts\/14669","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/comments?post=14669"}],"version-history":[{"count":1,"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/posts\/14669\/revisions"}],"predecessor-version":[{"id":14670,"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/posts\/14669\/revisions\/14670"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/media\/8992"}],"wp:attachment":[{"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/media?parent=14669"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/categories?post=14669"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/tags?post=14669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}