Nigerian Senate Reportedly Uncovers N2tr Unremitted Funds From Ministries,Department And Agencies

The Nigerian Senate has exposed the failure of Ministries, Departments and Agencies (MDAs) to remit about 2 trillion naira into federal government coffers.

This revelation was made Wednesday, by the Senate Committee on Public Accounts led by Senator Mathew Urhoghide (Edo South).

Briefing National Assembly Reporters after Wednesday’s plenary session, Senator Urhoghide said, information from the Office of the Auditor-General of the Federation shows that all Federal Government Statutory Corporations, Commissions, Authorities and Agencies are not up to date with the submission of their annual accounts.

The Public Accounts Committee has also threatened that it would soon commence the publication of defaulting agencies using the mass media.

Edited from Daily Post