Nation
Reps Query N15bn Payment To Remita
The House of Representatives’ Public Accounts Committee has queried the N15billion payment made to Remita from the Office of the Accountant-General of the Federation for two years.
This is just as the committee accused the Central Bank of Nigeria and commercial banks of complicity in the sharing of the N15billion remittance.
The committee’s Chairman, Bamidele Salam, made the allegation at the resumed investigative hearing on revenue leakages in Abuja yesterday.
Remita is a payment solution that helps individuals and businesses make and receive payments, pay bills, and manage their finances.
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Salam said that the Remita payment from the OAGF from 2016 to 2018 was questionable, adding that the OAGF paid the money without agreement or contract.
“The money is an illegal payment. There was no budget provision. So, where did they source the money from?” the chairman queried.
“If someone pays N150,000 as a Remita, you will pay 7.5 per cent Value-Added Tax in addition to it.
Salam said that the Remita payment from the OAGF from 2016 to 2018 was questionable, adding that the OAGF paid the money without agreement or contract.
“Ordinarily, that whole sum of VAT ought to go to the Federal Inland Revenue Service, but what they are doing in this transaction is that they will now add that VAT to the N150.000.
“They will add it up, gather the money together, and take it to the CBN,” he claimed.
He said, “System Spec and Remitta, both collecting revenue for the Federal Government, will share 50 per cent, while the banks and the CBN will also have their share.”
He said that by the time the committee finished its reconciliation, “I am very sure that hundreds of billions of naira will be the VAT component that was not remitted to FIRS.”
Salam stated that each bank ought to take the money and directly remit it to FIRS.
“Now, Remita is saying that each of those collecting the money will come and calculate the money that has been shared into shreds. Now, how do we track this kind of money? “he asked.
The Director, Banking Services, CBN, Mr.Ahmed Abdullahi, said it was necessary to source for an alternative way of remitting revenue, adding that Remita and System Spec were selected because they had been rendering similar services to banks.
The Chief Accountant, Treasury Single Account Department, Oyewole Adewale, representing the Accountant-General of the Federation, accused the CBN of not honouring its letters to reconcile the revenue accrued to the country through the Treasury Single Account.
He noted that the OAGF had developed a system where all revenue generated by the Ministries of Departments and Agencies of Government could now be monitored with little or no interference.
The Director, Remita Payment Services Ltd, Aderemi Atanda, while reading the summary of the TSA collection record, maintained that 10, 20, and 50 per cent were shared among CBN, commercial banks, and Remitta respectively.
Collections, he noted, often vary, saying, “In 2015.
The Chief Judge of Katsina State, Justice Musa Danladi, has granted bail to 91 inmates.
He also completely discharged four others during the first-quarter jail delivery exercise for 2025 at the Medium Security Custodial Centre in Katsina.
Speaking at the event yesterday, Justice Danladi explained that the Sub-Committee on Decongestion of Correctional Centres carefully assessed the cases before recommending the inmates for release.
Factors considered included age, length of time spent in custody, and medical conditions.
He further announced that going forward, the personal details and photographs of released inmates would be officially recorded to ensure proper documentation and accountability.
Addressing the freed individuals, he urged them to stay on the right side of the law, emphasising that another chance at clemency might not be available if they reoffend.
The Katsina State Controller of Corrections, CC Umar Baba, praised the initiative, stating that such interventions ease congestion, improve prison conditions, and support rehabilitation efforts.
He also called on judges and magistrates to consider alternative sentencing options to prevent unnecessary detentions and allow correctional facilities to focus on reforming and reintegrating offenders into society.
The Oyo State High Court sitting in Ibadan has struck out murder charges against Ooni of Ife’s ex-wife, Queen Naomi Silekunola; the owner of Agidigbo FM, Oriyomi Hamzat; and principal of Islamic High School, Abdullahi Fasasi.
The Tide’s source recalls that the trio have been facing murder charges following the December 2024 children’s event stampede that led to the death of 35 children.
Justice B. K. Olawoyin delivering judgment yesterday, ruled that holding the defendants liable could discourage the public from engaging in humanitarian activities.
The court dismissed the four count charge, which included acceleration of death, conspiracy, negligent acts causing harm and failure to provide adequate medical facilities and security.
The Nigerian Military high command has stated that it is unaware of any community in the Northwest negotiating or entering peace agreements with bandits and terrorists for protection.
Speaking at a press briefing in Abuja yesterday, the Director of Defence Media Operations, Major General Markus Kangye, dismissed reports suggesting such peace deals.
He questioned why any community would resort to negotiations, given the sustained military offensives against terrorist groups.
“The military is carrying out its operations in line with established protocols for internal security. If any community claims to be seeking peace with bandits, the military does not support that,” Kangye asserted.
He further emphasised that joint military operations, in collaboration with hybrid forces and other security agencies, have remained relentless in tackling terrorism and organised crime.
Throughout the past week, troops conducted a series of combat patrols, raids, ambushes, clearance operations, and search-and-rescue missions, resulting in significant successes.
According to Kangye, several terrorists were neutralised, their collaborators were captured, and kidnapped victims were successfully rescued.
