Nigeria: How Govt Agencies Shortchanged Nigeria of Over N21.5 Trillion - Senate Committee

24 October 2017

The Senate ad hoc committee investigating alleged misuse of funds, under-remittance and other fraudulent activities in government revenue generating agencies has unearthed how government revenue generating agencies shortchanged the government of over N21.5 trillion between 2012 and 2016.

The committee has also initiated moves to amend relevant laws to make it mandatory that these agencies accommodate resident treasury officers to be posted by the Accountant General of the Federation to ensure accountability.

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