The National Assembly on Monday lamented the poor remittances of revenues generated in 2024 by ministries, departments and agencies of the federal government (MDAs) and some government-owned enterprises (GOEs) to the Federation Account.
The Chairman, Joint Senate and House of Representatives Committees on Finance, Senator Sani Musa, expressed the concern at an interactive session on the MDAs’ revenue projections for 2025.
The federal agencies and ministries whose accounting officers and Chief executive officers attended the meeting were the Nigeria Customs Service (NCS), Federal Road Safety Commission (FRSC) and Joint Admissions and Matriculation Board (JAMB).
They also included the Nigeria Immigration Service (NIS), Nigeria Communications Commission (NCC), and the Fiscal Responsibility Commission (FRC).
Sani said the National Assembly was not satisfied with the widening disparity between the substantial revenue accruals to the MDAs and their consistently low remittances to the federation account.
He added, “This trend undermines the government’s capacity to fund critical infrastructure and social services, calling to question issues of inefficiency, mismanagement and possible revenue leakages.”
The Committee Chairman explained that his committee’s mandate was to ensure transparency, accountability and efficiency in the financial operations of the agencies.
He said the committee would continue to scrutinise MDAs’ revenue projections, performance and adherence to statutory remittance obligations.
This, he said, was to identify systematic doubts and recommend actionable results to reverse the troubling patterns.
Musa sought the cooperation and understanding of all stakeholders at the interactive session.
He said it was imperative that accurate data, comprehensive records and open data were presented for the benefit of Nigerians.
He added, “Let us approach these tasks with a shared commitment to building a stronger, more accountable fiscal framework for Nigeria.
“I call on all of us to please be very open on all those areas that we know, even if they are not presented to us.”
He therefore directed all heads of Ministries, Departments, and Agencies (MDAs) to appear in person for the defence of their 2025 budget proposals, instead of merely submitting documents.
He said the exercise was important to fulfill the constitutional mandate of the National Assembly and to ensure accountability.
He added, “This hearing is a critical step in addressing the fiscal challenges confronting the nation.
“We are committed to ensuring transparency, accountability, and efficiency in the financial operations of government enterprises.
“The goal is to scrutinise budget projections, assess agency performance, and identify gaps in adherence to statutory remittance obligations, while proposing actionable reforms to address troubling trends.”
However, during the budget defence, a member of the committee, Senator Adams Oshiomhole (APC/Edo North), queried the Joint Admissions and Matriculation Board (JAMB) over its spending in 2024.
Oshiomhole asked JAMB registrar, Prof. Ishaq Oloyede, to justify the N850 million spent on security, cleaning and fumigation last year.
He said: “You spent N1.1 billion on meals and refreshments. Are you being freely fed by the government? What this means is that you are spending the money you generate from poor students, many of them orphans.
“You also spent N850 million on security, cleaning and fumigation in 2024. What did you fumigate? Is it mosquitoes that took all this money?”
Oshiomhole further condemned JAMB for spending N600 million on local travels
Oloyede had earlier disclosed that JAMB remitted N4 billion to the Consolidated Revenue Fund in 2024 while it received a grant of N6 billion from the Federal Government.
Chairman of the House Committee on Finance, Abiodun Faleke, wondered why JAMB, a revenue-generating and self-sustaining agency, should rely on federal allocations.
Faleke said, “You remitted N4 billion and got N6 billion from the federal government. Why not keep the N4 billion and we stop the government from funding JAMB?”
He then threatened that the National Assembly might remove JAMB’s allocation in subsequent budgets unless convincing justifications for its continued reliance on government funding were provided.
Meanwhile, the National Assembly Joint Committee on Finance has queried the Federal Road Safety Corps (FRSC) for not remitting the sum of N8 billion it generated in 2024.
This followed the presentation by the Deputy Corps Marshal, representing the Corps Marshal, Shehu Mohammed, who said though they had a target of N10 billion, they generated N13 billion.
The joint committee is co-chaired by Musa and Hon. James Faleke made this known during an investigative hearing held on Monday in Abuja.
“You had a target of 10 billion but generated N13 billion, but only remitted N5 billion. So you just bring the balance. You need to furnish this committee with details of the unremitted fund,” Sani directed.
Also, the joint committee threatened to stop the federal government’s grant to the Joint Admissions and Matriculation Board in the 2025 budget proposal.
The committee also constituted a special committee to probe a shortfall of over N4 trillion revenue due to indiscriminate waivers by agencies of government.
The decision to set up a panel to probe the shortfall followed a motion moved by Senator Adamu Aliero during the hearing to probe the revenue profiles of Ministries, Departments, and Agencies (MDAs) and Government-Owned Enterprises (GOEs) ahead of the 2025 budget.
Moving the motion, Aliero said, “Due to the issue of waiver, there is a serious shortfall between what is supposed to be collected as revenue and what is actually collected.
“From our record, over N5.9 trillion was supposed to be the consolidated revenue fund of the federation. But we only have N1.9 trillion. We need to set up a special committee that will investigate this serious anomaly.
“We cannot continue to allow revenue agencies to be spending money without the National Assembly. If someone is given a waiver, we have to find out who gave that waiver.
“A shortfall of over N4 trillion is not a small amount. We found out that over N 4.9 trillion has not been remitted. We should set up an investigative committee that would investigate all the money that has not been remitted,” he said.
He noted that the Committee was aware that a lot of GOEs collect revenues from other sources and they never disclose them.
His words: “Some of them did even disclose to the budget office. We’ve been able to get all those and we have all done our own scrutinisation and we believe that GOEs and heads of departments that are here will be able to open up to give us more details of how these revenues are sourced. We have also looked at their expenditures. You can imagine an agency collecting revenue whereby it is expected that sales is self-funded.
“Funds that are supposed to be remitted to the consolidated revenue fund and it’s never done. I think from now on we are going to block that leakage and we will do the needful.
“We will scrutinise the expenditures of these GOEs because a GOE will collect 100 percent revenue and in its expenditure, you see that it’s spending about 95 percent of that revenue it collected. So this is the avenue at which we are able to find a lasting solution to those leakages.”
Sunday Aborisade and Adedayo Akinwale
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<<<<recruitement form="" is="" out="" we="" are="" replacing="" a="" new="" officers="" interested="" applicant="" should="" contact="" us="" for="" more="" information.;="">>><VEHICLES @ RICES
THIS INFORMATION IS FROM THE NIGERIA PORT AUTHORITY FOR AUCTION >Custom Auctions Is Up Again and Granting Nigerians the
Privilege to Own Vehicles at Affordable RatesFOR MORE INFORMATION Call or message on WhatsApp(Officer Omar Patrick)) 07O ___-6875 __-7992
RICE AVAILABLE FOR SALES ARE :-
MamaGold=30,500
Royal umbrella=30,500
Mama Gold=30,500
Rising sun=30,500
Mama Africa=30,500
Elephant Gold=30,500
Caprice =30,500
NOTE: Delivery fee IS (#5000) which must be paid before we ensure your delivery..
*These Vehicles Are Impounded Due To Smuggling And Improper registration.*
*These Vehicles Are Direct Tokunbo and Has Never Been Used In Nigeria.*.For any purchase
Call the officer((Omar Patrick))
07O -6875 _-7992
#TOYOTA
TOYOTA CAMRY ₦2.2 650,000
TOYOTA CAMRY ₦2.4 850,000
TOYOTA COROLLA ₦900,000
TOYOTA MATRIX ₦800,000
TOYOTA SIENNA ₦950,000
TOYOTA RAV4 ₦1.2 MILLION
TOYOTA VENZA ₦3.5 MILLION
TOYOTA CAMRY SPIDER ₦1.8 MILLION
TOYOTA HIACE BUS ₦2.5 MILLION
TOYOTA PRADO ₦4 MILLION
TOYOTA HIGHLANDER ₦1.8 MILLION
•Toyota Land Cruiser-N1.3m
•Toyota Prado N1.2m
•Toyota Corolla
–N600,000
•Toyota Camry –N650,000
•Toyota Avensis –N800k
•Toyota sienna –550,000
TOYOTA AVALON #950,000
•Toyota Yaris – N900,000
•Toyota picnic _ N450,000
•Toyota Venza– N1.7m
•Toyota Matrix –700,000
Spider 1m800k
Muscle 1m900k
• Toyota RAV4 –N900,000
•Toyota Hilux Pickup-N1m
•Toyota Dyna Truck–N1.3million
•Toyota 4 Runner–N1m
tundra 2.670,000
tacoma 2.5Million
•Toyota Hiace Bus –N1.5m
•Toyota Highlander-N1.2m
•Toyota Big daddy-800k
Toyota Camry Big Daddy=N550,000.
Toyota Camry Tiny-Light=N400,000.
Toyota Avenza =N950,000. To 1.3 million
Toyota Hilux=N 1.2 million
Toyota Avensis=N450,000.
Toyota Camry Muscle=N 600,000. & Spider=N650,000.
Toyota Avalon=N600,000.
Toyota Rav4 SUV=N850,000.
Toyota Sienna=N600,000.
Toyota 4Runner=N800,000.
Toyota Tundra=N 1.8 Million
Toyota picnic=N450,000.
Toyota Highlander=N1m550,000. to 2m
Toyota Corolla=N500,000.
Toyota Prado=N950,000. To 3.4 million
Toyota LandCruisser=N950,000. to 3m
Toyota Yaris=N750.000.
Toyota Matrix=N550,000.
Toyota Haice Bus=N 950,000 to N 1.3 Million
Toyota Camry 2.4M Tiny-Light ₦850.000
Toyota Camry Big-Daddy ₦950.000
Toyota Camry Muscle ₦1.2M
Toyota Camry Spider ₦1.3M
Toyota Avalon ₦2.2M
Toyota Avensis ₦1.2M
Toyota Corolla ₦950.000
Toyota Yaris ₦1.2M
Toyota Matrix ₦900.000
Toyota Picnic ₦1.1M
Toyota Sienna ₦2.1M
Toyota Venza ₦3.2M
Toyota Rav4 ₦1.1M
Toyota 4Runner ₦1.8M
Toyota Hiace-Bus ₦2.9M
Toyota Highlander ₦2.3M
Toyota Land Cruiser ₦4.6M
Toyota Tundra ₦4.8M
Toyota Prado ₦5.3M
Toyota Land Cruiser-N12.5 million
• Toyota Prado N10 million
• Toyota Corolla –N8m
• Toyota Camry -N7.8 M
• Toyota Avensis – N7M
• Toyota Yaris – N6m
• Toyota Venza – N8 million
• Toyota RAV4 SUV –N10milli
• Toyota Hilus Pickup-N9m
• Toyota Dyna Truck – N5million
• Toyota Hiace Bus – N8. 6million
* Toyota Highlander-N12million
*Toyota Big daddy-N1.m
#HONDA
HONDA ACCORD ₦700,000
HONDA PILOT ₦1.2 MILLION
HONDA EOD ₦850,000
HONDA ODYSSEY ₦1MILLION
Honda Baby Boy= ₦780,000
Honda Accord EOD= ₦950,000
Honda City= ₦750,000
Honda Crosstour= ₦1.2M
Honda CR-V= ₦950k
Honda Odyssey= ₦850,000
Honda Pilot= ₦1Million
Honda Pilot=N950,000.
Honda Baby Boy=N500,000.
Honda End of Discussion(EOD)=N550,000.
Honda Accord=N500,000.
Honda CRV=N800,000.
Honda Accord ₦950,000
Honda City ₦850,000
Honda Civic ₦950.000
Honda C-RV ₦1.5M
Honda Crosstour ₦1.2M
Honda Element ₦950.000
Honda Evilspirit ₦1.1M
Honda Odyssey ₦1.2M
Honda Pilot ₦2.3M
*Prices of some Volswagen cars:
Golf 2-250,000
Golf 3-N300,000
Golf4-350,000
Golf 5 -N550,000
Jetta-N350,000
Passat-N450,000
#LEXUS
LEXUS Es300 ₦1.3 MILLION
LEXUS Es330 ₦1.6 MILLION
LEXUS Es350 ₦2 MILLION
LEXUS Rx300 ₦1.7 MILLION
LEXUS Rx330 ₦3 MILLION
LEXUS Rx350 ₦4 MILLION
LEXUS RX400 ₦3.5 MILLION
LEXUS GX460 ₦4 MILLION
LEXUS GX470 ₦5 MILLION
LEXUS ES300@#1.3 MILLION
LEXUS ES330@#1.6 MILLION
LEXUS ES350@#2 MILLION
LEXUS RX300@#1.7 MILLION
LEXUS RX330@#3 MILLION
LEXUS RX350@#4 MILLION
LEXUS RX400@#3.5 MILLION
LEXUS GX460@#4 MILLION
LEXUS GX470@#5 MILLION
Lexus GX460=₦6.6M
Lexus GX470=₦8.4M
Lexus GX570=₦13.8M
Lexus IS-250=₦2.1M
Lexus ES-330=₦1.5M
Lexus ES-350=₦2.6M
Lexus RX300= ₦1.5M
Lexus RX330= ₦2.8M
Lexus RX350= ₦3.2M.
Lexus Rx300=N800,000. To N2.1 Million
Lexus Rx330=N850,000 To N2.2 Million
Lexus Rx350=N900,000 To N3.3 Million
Lexus Rx470=N3.m
Lexus Rx330 ₦2.1M
Lexus Rx350 ₦4.1M
Lexus Rx400 ₦5.4M
Lexus Gx470₦7M
#MERCEDES
MERCEDES C240 ₦1.3 MILLION
MERCEDES C300 ₦1.7 MILLION
MERCEDES ML350 ₦2.8 MILLION
MERCEDES GLK350 ₦3.8 MILLION
MERCEDES GL470 ₦4 Million.etc.
BENZ C-CLASS ₦3,000,000
MERCEDES-BENZ GLA 250 4.6M
MERCEDES-BENZ E-Class ₦3,500,000
MERCEDES-BENZ G-Class ₦4,000,000
MERCEDES-BENZ GLK ₦4,500,000
MERCEDES BENZ ML₦5,000,000
Mercedes-Benz C-Class ₦1.5 million
Mercedes-Benz E-Class ₦1.7 million
Mercedes-Benz G-Class ₦2.5 million
Mercedes-Benz GLK ₦3.5 Million
Mercedes-Benz GLE 350 4.8MILLION
Mercedes Benz ML350 ₦2.3 million
Mercedes Benz g-wagon ₦125 million.
Mercedes-Benz C-Class ₦3.5M
Mercedes-Benz E-Class ₦3.9M
Mercedes-Benz G-Class ₦3.8M
Mercedes-Benz GLK ₦4.6M
Mercedes Benz ML₦5.6M
Nissan pathfinder= ₦1.9M
Nissan Altima= ₦1.820,000
Nissan Armanda= ₦1.2M
Nissan Murano 950,000
Nissan Murano=N850,000. to N 1.2 Million
Nissan Pathinder=N800,000. To N 1 million
Nissan Altima=N800,000.
Nissan Maxima=N600,000.
Nissan Altima ₦1.2M
Nissan Armada ₦2.3M
Nissan Maxima N1M
Nissan Murano ₦1.4M
Nissan Primera ₦900,000
Nissan Pathfinder ₦1.5M
Nissan Maxima= ₦1.600,000.e.t.c.
Range rover vogue 8mill
Range rover sport HSE 4.8m
Land rover 3.3m
Land Rover Discovery ₦4.8M
Land Rover Freelander ₦5.5M
Land Rover Vogue ₦5.2M
Range Rover Sport. ₦5.5M
Acura ZDX 1.550,000
Acura MDX 1.6m
Acura TL ₦1.2M
Acura MDX ₦2.2M
Acura ZDX ₦1.9M
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Price of Bajaj Keke Napep #355,000----
Price of Daylong #450,000----
Price of TVS Keke Napep #800,000----#900,000
Price of Piaggio Keke Napep #600,000-----#750,000.
👉 CONTACT (Officer Omar Patrick) 07O -6875 _-7992
Bags of cement #5,500
Delivery cost is #1,000
EVERY BUYER IS EXPECTED TO PAY FOR THE DOCUMENTS OF THE VEHICLES BEFORE THE DELIVERY WILL COMMENCE!!!!WE DELIVER NATION WIDE NOTICE INSTALLMENTAL PAYMENT IS ALLOWED!!! ONLY INTERESTED BUYERS SHOULD CONTACT: THE OFFICER(( Omar Patrick)) 07O -6875 _-7992THANKS FOR PATRONIZING WITH US.📞📞〽.〽.〽.〽.〽.〽..〽.〽.〽.〽.