By Our Correspondent
The Chairman, Senate Public Account Committee (SPAC), Senator Aliyu Wadada (Nasarawa West) has alleged that his committee wrote several invitations to the Federal Inland Revenue Service (FIRS) and Nigerian National Petroleum Company Limited (NNPCL) on the remittance of petroleum tax, but the agencies refused to make satisfactory clarifications.
Wadada noted that the FIRS in collaboration with the NNPC Ltd failed to remit petroleum profit tax to the federation account for a number of years.
“Federal inland revenue service in collaboration with NNPC, petroleum profit tax for a number of years have not been remitted to the right quarters.
“The committee had written both NNPC and the federal inland revenue service. Federal inland revenue service responded with documents that have been tipex and handwritten and acclaimed to be from JP Morgan. This is extremely unacceptable and all efforts for the need to be done have not been achieved” he lamented.
Wadada stated this while contributing to debate on Medium Term Expenditure Framework MTEF and Fiscal Strategy Paper FSP on the role of revenue generating agencies as prelude to 2025 appropriation bill.
