The Senate Public Account Committee has launched investigation into how Nigerian Customs Service failed to remit N62bn generated by the agency. This is contained in the 2017 Auditor General Report, which is currently being considered by the committee chaired by Senator Ahmed Wadada. The query read in part, “In the report of NCS summary of the monthly collection, 2017 total collection for the Federation Account were N691bn. “However, the receipt of NCS collection and remittance into Federation Account 2017 showed actual remittance into Federation Account with the CBN for the year under review to be N629bn. A comparison of these two documents revealed an under-remittance of N62bn. “There was no footnote, or any form of additional information attached to the two reports showing the reasons for the discrepancies neither there was any form of communication of the management on the intention for the future reconciliation or remittance. It added, “The above anomalies could be attributed to weaknesses in the internal control system at Nigeria Customs Service Headquarters in Abuja.” The chairman of the committee, therefore, gave the Customs two weeks to come up with their defence on the allegation of under-remittance.
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