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NANS Bemoans Alleged Mismanagement of CTIN Funds, Seeks Tinubu's Intervention

NANS Bemoans Alleged Mismanagement of CTIN Funds, Seeks Tinubu's Intervention
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Akinteye Babatunde , Aliko Dangote , Bola Tinubu , Uchechukwu Nnaike , Alhaji Aliko Dangote , Ministry Of Industry , Funds Administration , Technology Institute Of Nigeria , National Association Of Nigerian Students , National Association , Nigerian Students , President Bola Tinubu , Cement Technology Institute , Immediate Action , President Akinteye Babatunde , Federal Ministry ,

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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