Acting President Yemi Osinbajo
The National Economic Council (NEC) has revealed that 18 federal authorities’s businesses didn't remit N526bn and $21bn into the Federation Account between 2010 and June 2015.
The council made this identified on Thursday after its assembly presided over by Vice-President Yemi Osinbajo on the Presidential Villa, Abuja.
All state governors, Governor of the Central Bank of Nigeria and related ministers make up the council.
Speaking on behalf of the council, Governor of Gombe state Ibrahim Dankwambo mentioned the non-remittance by the businesses was detected by an audit agency, KPMG.
Agencies indicted embody the Nigerian National Petroleum Corporation, Federal Inland Revenue Service, Nigeria Customs Service, Nigerian Ports Authority, Nigerian Maritime Administration and Safety Agency and the Nigerian Communications Commission.
Others are the Central Bank of Nigeria, the Department of Petroleum Resources and the Nigerian Petroleum Development Company, amongst others.
Dankwambo mentioned a sub-committee can be set as much as look into the small print, saying these discovered responsible can be handed over to the Attorney General of the Federation for motion.
“Council adopted the presentations and reports of the KPMG and the recommendations of its Ad-hoc Committee including a resolution to identify instances where there appears to have been criminal infringements and forward such to the Attorney General of the Federation and the Legal Committee of the National Economic Council for further action,” he mentioned.