CSJ Sues Chiefs Of Agency Over Alleged Mismanaged N289 Billion Un-remitted Funds

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The Centre for Social Justice (CSJ), has dragged some heads of Federal Government agencies and commissions for alleged mismanagement and non-remittance of cumulative N289 billion by 17 organisations, which contravenes some provisions of the Finance Circular of November 11, 2011, on internally generated revenues (IGR).

Lead Director, CSJ Eze Onyekpere speaking during the virtual media summit said that Nigeria is currently undergoing a fiscal crisis and does not have enough money to meet its basic needs as a nation and therefore should not have huge amounts of public funds in the hands of individuals and organisation who are not supposed to keep them.

Eze Onyekpere stressed that the CSJ is in pursuit of the cases to ensure that public funds are properly put in treasury and made use of for public purposes only.

Eze Onyekpere also called for a joint task between the Economic Financial Crime Commission (EFCC), Nigeria Police Force (NPF), and the Independent Corrupt Practices Commission (ICPC) in investigating and recovering the un-remitted revenues.

Amongst the agency chiefs being sued are:

Director-General, Securities and Exchange Commission (SEC), for allegedly failing to remit over N2.297 billion, or 25 percent of the IGR realised in 2015 and 2016. 

The DG was also sued for not remitting N160 million to the CRF, which is the interest of the investment of over N5.9 billion into Nigeria Treasure Bills by the commission.

Also, the Director-General, Centre for Management Development (CMD), was sued for not remitting over N59.2 Million into the CRF which is also the 25 percent of the IGR realised in 2016 which contravenes the provision of Federal Ministry of Finance’s circular on revenue, expenditure and IGR and remittance into the CRF dated December 8, 2015.

The Director-General, Bureau of Public Enterprises (BPE), was sued for not granting CSJ access to the details of the documents evidencing the recovery and remittance of N14.720 billion to the CRF, in accordance with Auditor-General’s recommendations.

The fund was said to be the proceeds from the privatisation of the Power Holding Company of Nigeria (PHCN) from the banks, which was to be remitted into CRF as communicated by the office of the Auditor-General on April 19, 2018.

The Director-General, National Centre for Women Development (NCWD), was alsl sued to provide evidence of the remittance to the Federal Inland Revenue Service (FIRS), the sum of N135 million, deducted as Withholding Tax (WHT), and Value Added Tax (VAT), from the payments made to contractors in respect to the supply of goods and services.

The Executive Secretary, National Commission for Colleges of Education (NCCE), was sued to provide the documents evidencing the remittance of N98 million into the CRF, being the sum raised under the Recurrent and Capital expenditure votes, but were not made available despite repeated demands by the Office of the Auditor-General.

The Registrar and Chief Executive Officer, Teachers’ Registration Council, was sued to provide evidence of the remittance of about N355 million, being 25 per cent of the N1.4 billion IGR realised in 2016 and 2017, of which N1.5 million was contract registration and tender fees, and was to be remitted completely to the CRF, but was not.

Also, the Controller-General, Nigerian Correctional Service was sued to provide details of the documentation evidencing the remittance of N582.7 million to the National Housing Fund (NHF), which was deducted from the salaries of officers of the Service between January and December 2017, but was not remitted to the appropriate authority.

Finally, the Director-General, National Power Training Institute of Nigeria (NAPTIN), was sued to provide the evidence of the remittance of about N38 million to FIRS, consisting N18.6 million for VAT, and

N19.4 million for WHT deducted from payments made to contractors.

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