The House of Representatives Questions N15bn Payment to Remita
Querying a N15 billion payment to Remita from the Office of the Accountant-General of the Federation over a two-year period, the House of Representatives’ Public Accounts Committee has raised concerns about the legality of the transaction.
During an investigative hearing in Abuja, the committee, led by Chairman Bamidele Salam, also accused the Central Bank of Nigeria and commercial banks of involvement in the distribution of the remittance.
Salam alleged that the payment to Remita from the OAGF between 2016 and 2018 was done without a formal agreement or contract, describing it as an unauthorized disbursement.
Pointing out the lack of budgetary provision for the payment, Salam questioned the source of the funds used for the transaction.
He highlighted the issue of V...