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Imo State Government sets up committee to implement Whitepaper on Land Use and other related matters
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Senate Seeks for Establishment of Mineral Development Corporation
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Senate okays agency for solid mineral resources
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Senate moves to establish N5bn Mineral Development Agency
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The Senate Committee on Public Account has accused the Ministry of Solid Minerals of alleged non-remittance of N2 billion into the Federation Account.
This is just as the committee, chaired by Senator Mathew Uhroghide, also uncovered how the Nigerian National Petroleum Corporation (NNPC) allegedly spent N966 billion to repair pipeline between 2010 and 2015, as contained in the report of query by the Auditor General of the Federation (AuGF) over alleged unremitted N4 trillion by NNPC into the Federation Account.
From records presented for audit, it was noted that the sum of N2,838,351,664.97 was collected as solid mineral revenue from January to December 2016, but this amount was not paid into the Federation Account for distribution in 2016 contrary to Section 162 of the Constitution of the Federal Republic of Nigeria.