The Senate Committee on Public Accounts (SPAC) has dismissed an audit query alleging that the Nigeria Customs Service (NCS) failed to remit N62.2 billion to the Federation Account, as contained in the Auditor-General’s 2019 report.
The decision was reached on Tuesday during an investigative hearing involving the leadership of the NCS, led by Bashir Adeniyi, the Comptroller-General.
The committee also announced plans to establish a joint reconciliation team to review and resolve 76 other audit observations raised against the agency in the 2019 and 2020 audit reports.
Proceedings began with the committee examining the first three audit queries. Representatives of the Office of the Auditor-General of the Federation presented the issues before the panel, chaired by Senator Ibrahim Dankwabo.
According to the audit report, Customs generated N691.242 billion in revenue in 2017 but remitted only N629.23 billion to the Federation Account, leaving an alleged shortfall of N62.2 billion.
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