NIMASA, NPA, NCC Not Paying Monies Generated To FG Account

NIMASA, NPA, NCC Not Paying Monies Generated To FG Account
Governor Abdulaziz Yari of Zamfara State

The Chairman of the Governors Forum and Zamfara governor, Abdulaziz Yari has stated that revenue generating agencies like NIMASA, NPA and the NCC have not been paying monies generated from their agencies to the federation account as required by the constitution.

Yari made this declaration on Monday after a four-man committee was constituted to to examine the accruals into and withdrawals from the Federation Account and the Excess Crude Account from 2012 to May 2015.

Yari alongside Governor Adams Oshimhole of Edo, Governor Nasir El-Rufai of Kaduna and Governor Emmanuel Udom of Akwa Ibom make up the committee.

Speaking to State House Correspondents Yari said President Muhammadu Buhari had insisted that the provisions of the constitution be implemented with regard to remittance of all federal money into the federation account be followed.

“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,” he said.

Check Also

Benin’s transit duty hitting Nigerian businesses hard – CPPE

Fluctuating Exchange Rate Affecting Container Traffic – CPPE

Dr. Muda Yusuf The Centre for the Promotion of Private Enterprise has said that the …

Leave a Reply

Your email address will not be published. Required fields are marked *

× Get News Alert