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NAPS petition EFCC, FMITI, over alleged diversion of N20bn at CTIN – The Sun Nigeria

NAPS petition EFCC, FMITI, over alleged diversion of N20bn at CTIN – The Sun Nigeria
sunnewsonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sunnewsonline.com Daily Mail and Mail on Sunday newspapers.

Probe alleged mismanagement of cement institute fund, NANS urges Tinubu

UNREMITTED FUNDS: NDLEA, SON, 30 other agencies owe FG N1 2trn -

By Tordue Salem The Fiscal Responsibility Commission (FRC), yesterday, disclosed that 32 Ministerial Departments and Agencies (MDAs), including the Nigeria Drug Law Enforcement Agency (NDLEA), Standard Organisation of Nigeria (SON), Bank of Industry (BoI) and Bank of Agriculture (BoA) are owing the federal government over N1.2 trillion in revenues they generated but failed to remit to the federation account as required by law since 2016. The agency’s Executive Chairman, Barr. Victor Muruako, made the disclosure during a press briefing at the National Assembly (NASS). He stated: “Sadly, many MDAs still persist in defaulting and practically keeping money away from the federal government’s reach for funding its budgets. Our records indicate that over N1.2 trillion is still in the hands of defaulting MDAs.

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