The Nigerian Senate has expressed anger over the refusal of some revenue generating agencies to answer queries raised by report of the Office of the Auditor General of the Federation, OAGF.
Senator Aliyu Ahmed Wadada, Chairman of the Senate Committee on Public Accounts, while speaking at a press briefing on Tuesday, expressed shock at how billions of naira left government coffers.
He said the affected agencies ignored the Senate’s summons to account for the funds in line with legislative provisions that empowers the parliament to investigate.
Wadada said the Auditor General’s report which was submitted to the Committee unearthed rots in some agencies.
According to Wadada, the Central Bank of Nigeria, Customs Service, Federal Inland Revenue Service and the Nigrian National Petroleum Company Limited snubbed invitations.
He threatened that the Senate would report heads of the agencies to President Bola Tinubu.
The lawmaker who was flanked by all members of the committee at the briefing, said: “All efforts to get Nigerian Custom Service to the table to know how did this happen, what is the way forward. We are still where we were from day before yesterday to now.
“The Central Bank of Nigeria, I have course on one of the issues that I’ve got to do with Central Bank of Nigeria, I have course to take it on the floor of the Senate.
“It is important for Nigerians to know, under the so-called Ways and Means. What happened under Ways and Means why Central Bank of Nigeria, debited borrower and credited borrower.
“Central Bank of Nigeria, debited consolidated revenue funds account and credited treasury single account. Which amounted to over 30 trillion.
“Consolidated revenue funds account is government’s account. And the TSA is also government’s account. And in charging the interest, instead of the interest to be charged to treasury account, they went again ahead to charge the Treasury account.
“They went again ahead to Treasury account. charge Consolidated Revenue Funds account which now have amounted to over N6 trillion.”
