Buhari probes N165.32bn unremitted operating surplus by NPA - Punch Newspapers

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The President, Major General Muhammadu Buhari , is probing alleged non-remittance of about N165bn operating surplus to the Consolidated Revenue Fund by the Nigerian Ports Authority.

Also, the Federal Ministry of Transportation in a May 4, 2021 letter to the President claimed that the NPA failed to remit N165.32bn to the CRF from 2016 to 2020 and called for an investigation and audit of the financial accounts of the authority The letter read in part, “Audited financial statements of the authority for the period 2017 and 2018 provides operating surpluses of N76.782bn and N71.480bn for 2017 and 2018 respectively as contrary to the sums of N133.084bn and N88.79bn arrived at by your office from the budgetary submission.”

“Accordingly, the figures so provided by the Budget Office of the Federation as the operating surplus for the respective years on which basis they arrived at the shortfall are derived from submission of budgetary provision not the actual amounts derived following the statutory audit of the authority’s financial statements.”

 

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Mr probe

Which Buhari? Buhari knows little or nothing about governance in Aso Rock. Garuba Shehu and the cabals are in charge.

Which of d Buhari Pls

Lol this government are comedians so now we should believe that this is not a publicity stunt to win us back....

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Authority Stealing pass armed robbery. We must do something about this Nonsense

The way they probed Magu? Exercise in futility, they've moved the funds and NO ONE will be held accountable or face consequences. Buhari can appeal for a refund though🤷🤷

Lies!!!

Story story story

Etubom_Olushola

Just tell NIGERIANS one person that has been convicted by the so-called anti corruption govt of President Buhari. I have lost fate in this govt, looking at how she has failed in all spheres of National life. Our recovery might take decades if at all.

Did Hadiza Bala Usman chop alone? E no share with the powerful cabal?

Npower

Where this money are going huh? We haven't see any changes in this country liars

You know where the probe will end? Where Magus EFCC probe ended. Where Osbourne Ikoyi apartment $244 million probe ended.

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