FG completes audit of NPA, NIMASA

Kemi-Adeosun-Minister-for-Finance (1)


The Federal Government has completed the forensic audit of the Nigerian Ports Authority (NPA), the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian National Petroleum Corporation (NNPC).

The Minister of Finance, Mrs Kemi Adeosun, who disclosed this at the National Economic Council (NEC) meeting in Abuja on Thursday, said out of the 18 agencies in which forensic audit was conducted, the committee completed work on 13, with two ongoing while three others are not revenue generating.

The NEC meeting chaired by Vice President Yemi Osinbajo.

The 13 agencies where the audit had been completed include NIMASA, NNPC, NPA, FIRS, NPDC, DPR, among others.

The two outstanding agencies, according to her, are the Customs Service and NCC.

She also said that NEC has directed the audit committee to conclude its report under four weeks and fully report back to council at its the next meeting.

Adeosun also disclosed that the Federal Government has compiled the list of 500 Nigerian tax dodgers, some of them prominent citizens who have homes abroad.

She said the list of the 500 Nigerians with trusts abroad has been obtained to determine their tax compliance status at home.

She explained that such Nigerians can take advantage of the Voluntary Assets & Income Declaration Scheme (VAIDS) to settle past taxation defaults.

“Letters would soon be going out to these Nigerians, including a number of prominent ones, asking them to take advantage of the tax amnesty in order to avoid prosecution and fines by simply paying up their tax defaults,” she said.

The amnesty is available till March next year.

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