Page 9 - Ossai Nicholas News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Reps seek FG s intervention over invasion of Delta communities by suspected herdsmen
tribuneonlineng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneonlineng.com Daily Mail and Mail on Sunday newspapers.
House Passes for Second Reading Bill Seeking Stiffer Penalties for Possession of Unlicenced Firearms
thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.
Vanguard News
Cost of governance: SEC drops hints of downsizing
On
By Levinus Nwabughiogu-Abuja
Security and Exchange Commission, SEC yesterday said it was considering an option that would help it reduce the cost of governance.
This was as the House of Representatives asked the Nigeria National Petroleum Corporation, NNPC to produce evidence of its remittances into the Federation account between 2014 and 2019.
Appearing before the House of Representatives Committee on Finance monitoring and investigating revenue remittances by the Ministries, Department and Agencies, MDAs of government into the public coffers, the Director-General of SEC, Lamido Yuguda represented by the Executive Commissioner, Corporate Services, Ibrahim D. Boyi said 80 percent of the agency’s cost was spent on staff, especially the management cadre.
Share
The House of Representatives on Tuesday demanded records of revenue remitted by Nigeria National Petroleum Corporation (NNPC) into the Federation account between 2014 and 2019.
The lawmakers issued the directive in Abuja, during an investigative hearing on the ‘monitoring and investigating revenue remittances by the Ministries, Department and Agencies (MDAs) of government into the public coffers, held at the instance of the House Committee on Finance.
The lawmakers also demanded the NNPC’s audited account from 2014 to 2017, the details of advanced consideration received from customers in 2018 and 2019 which amounted to N1.905 billion and N820.511 million respectively.
In his intervention, Chairman, House Committee on Treaties, Protocols and Agreements, Hon. Ossai Nicholas Ossai explained that the investigative hearing was aimed at assisting the Parliament to block all revenue leakages within the public financing system.
Views: Visits 10 as Reps demand NNPC’s evidence of remittances into federation account By Levinus Nwabughiogu-Abuja Security and Exchange Commission, SEC yesterday said it was considering an option that would help it reduce the cost of governance. This was as the House of Representatives asked the Nigeria National Petroleum Corporation, NNPC to produce evidence of its remittances into the Federation account between 2014 and 2019. Appearing before the House of Representatives Committee on Finance monitoring and investigating revenue remittances by the Ministries, Department and Agencies, MDAs of government into the public coffers, the Director-General of SEC, Lamido Yuguda represented by the Executive Commissioner, Corporate Services, Ibrahim D. Boyi said 80 percent of the agency’s cost was spent on staff, especially the management cadre.
vimarsana © 2020. All Rights Reserved.