Reps Summon Amaechi, NPA Over N167bn Missing Revenue

  • 📰 LeadershipNGA
  • ⏱ Reading Time:
  • 55 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 77%

Nigeria Headlines News

Nigeria Latest News,Nigeria Headlines

The House of Representatives has summoned the Minister of Transportation, Rotimi Amaechi, and the Management of the Nigeria Port Authority (NPA) over the

unremitted sum of N166bn revenue generated by the agency as of December 31, 2016, but was not properly captured in its statement of account.

They were, however, said to have pleaded with the Committee for another date to cause appearance before it in respect of the audit queries. Hon. Oke said that in the spirit of fair hearing, the Minister and the management of the NPA have been given a July 8 date to appear before the Committee including NRC on the audit queries raised against them.

He added both the minister and the management of the NPA would also explain the cost of services rendered to the Authority amounting to about N103.996 billion including channels and waterways maintenance and Port and Quays Expenses of N38.412 billion. According to him, “They are being expected to respond to audit queries contained in the comments of the Auditor General of the Federation on the group financial statement of the Nigeria Port Authority for 2016.“They are expected to give a breakdown of the Ports and Quays Services income stating the respective income from each of the services, scheduled oil terminal dues, details of pilotage and service boats, and the nature of rentals services offered and rates applied.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Reps summon Amaechi, NPA over N166bn unremitted revenues
Source: Daily Trust - 🏆 13. / 51 Read more »

Reps summon Amaechi, NPA over N166bn unremitted revenues
Source: Daily Trust - 🏆 13. / 51 Read more »

Bayelsa flays FG's N11.678bn deduction from revenue allocationBayelsa State Government has faulted the deductions of a total sum of N11.678bn by the Federal Government from its monthly revenue allocation Bayelsa is supposed to be an untouched state.
Source: MobilePunch - 🏆 8. / 63 Read more »

Mushroom can generate 16 million jobs, N1.8tn revenue – Growers - Punch NewspapersThe most widely read newspaper in Nigeria Federal government will still prefer Northerners to do the farming, so they can be seen as food suppliers. We want secession. Things wey don rotten for this country plenty oo ₦1.8trn / 16million jobs is a mere ₦112,500 per year per job. Harebrained.
Source: MobilePunch - 🏆 8. / 63 Read more »

Nigeria Can Generate N10trn Tax Revenue, Says World BankNigeria has the potential to generate about N10trillion as tax revenue in the next three years, says World Bank. To this end, the bank admonished the
Source: LeadershipNGA - 🏆 4. / 77 Read more »

FG, states, LGs share N606 billion in May | Premium Times NigeriaThe distributed statutory revenue of received for May was lower than the previous month by N69 billion. Which May Stop sharing money! All this money come from oil and Gas south south of Nigeria . All the 36 state in Nigeria share 606 billion every mouth. With all this money the State Governor collect they cannot able to secure their State. Them blame federal Government.
Source: PremiumTimesng - 🏆 3. / 78 Read more »