Tuesday, December 6, 2022
More

    Latest Posts

    APC debunks Tinubu US entry denial, shares visa

    The All Progressives Congress Presidential Campaign Council has debunked the rumour that its presidential candidate, Bola Tinubu, postponed the United States trip scheduled to...

    Don’t blame us, you failed Nigerians, govs reply FG

    Governors of the 36 states have accused the Federal Government of abandoning its duty of addressing the security challenges crippling economic activities in the...

    Again, hoodlums attack INEC office in Imo

    The Independent National Electoral Commission’s office in Oru West Local Government Area of Imo State was on Sunday attacked by some hoodlums. This was disclosed...

    Asake apologizes to Birmingham fans for late appearance

    On Saturday, 3rd December 2022, Sensational artist Asake was billed to perform at a show at The Forum, Birmingham in a sold-out show which...

    Hadiza Bala-Usman: FG investigates fresh N3.6bn, $150m non-remittances by NPA

    The Federal Government is further investigating the unremitted Value Added Tax deductions to Federal Inland Revenue Service by the Nigerian Ports Authority under the leadership of the suspended NPA Managing Director, Hadiza Bala-Usman.

    It was gathered on Saturday that the NPA during the tenure of Bala-Usman failed to remit VAT deductions running into billions of naira and in foreign currency denominations to the FIRS.

    “There are unremitted deductions to FIRS that include N3,667,750,470; $148,845,745.04; €4,891,449.50; and £252,682.14,” an impeccable source at the Federal Ministry of Transportation, who spoke on condition of anonymity due to the nature of the matter, stated.

    Saturday PUNCH had reported that the President, Major General Muhammadu Buhari (retd.), was probing the alleged non-remittance of N165.32bn operating surplus by the Nigerian Ports Authority.

    The report stated that this might not be unconnected to the recent suspension of the ports authority’s boss, Hadiza Bala-Usman.

    Transportation ministry sources stated on Saturday that the NPA was also being investigated for contravening the policies of government with respect to the implementation of Corporate Social Responsibility.

    “The NPA under Hadiza contravened government policy on the implementation of CSR projects/ programmes and its records relating to CSR fell short of the level of compliance with the Public Procurement Act, 2007,” the source stated.

    The official alleged that the Presidency was shocked that there was no, or very scanty evidence of compliance with public procurement Act and that most of the CSR projects/programmes were inflated.

    “The Presidency noticed that delivery of CSR items were not accompanied with delivery letters and that in most cases, there was no evidence of actual items delivered and who signed for them,” the official stated.

    The source added, “Bala-Usman must tell Nigerians why and how N4.2bn was spent in 2017 as against N29m in 2016 (on CSR), an increase of 14,310 per cent.”

    The official further alleged that only between 2016 and 2018, at least N20bn of NPA’s financial transactions could not be traced, documented or explained.

    On the concern that there was a procedural breach in asking Bala-Usman to step aside for the investigation to commence, the source described this as “completely wrong.”

    The official said, “Constitutionally, the President has the power to hire or fire any of his appointees at any point in time.

    “In this case, she wasn’t even fired. She was just asked to step aside for an investigation to take place. And this was done by the President and not the minister.”

    But Bala-Usman in a letter, with reference MD/17/MF/VOL-XX/541, dated May 5, 2021 and addressed to the Chief of Staff to the President, said the NPA was aware of Buhari’s approval for the FMoT to conduct an audit of the accounts of the NPA and its remittances to the CRF.

    When contacted to speak on whether the transportation ministry followed due process before the suspension of Bala-Usman, the spokesperson, FMoT, Eric Ojiekwe, did not answer calls to his mobile phone and had yet to reply a text message sent to him on the matter.

    Copyright PUNCH.

    Latest Posts

    APC debunks Tinubu US entry denial, shares visa

    The All Progressives Congress Presidential Campaign Council has debunked the rumour that its presidential candidate, Bola Tinubu, postponed the United States trip scheduled to...

    Don’t blame us, you failed Nigerians, govs reply FG

    Governors of the 36 states have accused the Federal Government of abandoning its duty of addressing the security challenges crippling economic activities in the...

    Again, hoodlums attack INEC office in Imo

    The Independent National Electoral Commission’s office in Oru West Local Government Area of Imo State was on Sunday attacked by some hoodlums. This was disclosed...

    Asake apologizes to Birmingham fans for late appearance

    On Saturday, 3rd December 2022, Sensational artist Asake was billed to perform at a show at The Forum, Birmingham in a sold-out show which...

    Don't Miss

    Abuja-Kaduna rail: Expect increase in fare, says minister

    The Minister of Transportation, Mu’azu Sambo, on Sunday said there would be an increase in the rail service fare as a result of the...

    Wizkid set to make history with 2023 London Stadium performance

    Wizkid has set 1st June 2023 as the date for his London Stadium performance which is part of his 'More Love, Less Ego' tour. The...

    Adeleke reverses Oyetola’s appointments, says action malicious

    The Governor of Osun State, Ademola Adeleke, has said the last-minute appointments of his predecessor, Adegboyega Oyetola, are malicious.   Adeleke spoke on Sunday during his...

    Senate probes job racketeering in NDDC

    The Senate through its Committee on Ethics, Privileges and Public Petitions has called for a thorough investigation into alleged job racketeering rocking the Niger...

    Produce Adeleke’s results, Osun tribunal orders INEC chair

    The Osun Election Petitions Tribunal, sitting in Osogbo, on Friday ordered the Chairman of the Independent National Electoral Commission, Prof. Mahmood Yakubu, to produce...

    Stay in touch

    To be updated with all the latest news, offers and special announcements.