• Warns defaulting MDAs of sanctions, threatens to report persistent offenders to Tinubu
• Warns defaulting MDAs of sanctions, threatens to report persistent offenders to Tinubu
•Defends reduced import duty on fairly used vehicles as relief measure for Nigerians
•CAC under fire over N13.9bn unremitted funds
Sunday Aborisade in Abuja
The Senate Committee on Finance on Monday opened a fresh probe into the federal government’s issuance of Import Duty Exemption Certificates (IDEC) valued at about N34 trillion between March 1, 2000 and December 2025.
Senate Committee on Finance on Monday threatened to invoke legislative sanctions against several MDAs that failed to honour its…
•Seeks list of all defaulting IOCs, weighs tougher sanctions
• Sets up reconciliation panel to review 76 outstanding others
* Sets up reconciliation panel to review 76 outstanding others
* Orders company to appear within two weeks
• As Public Accounts Committee gives BOA, NSPMC, REA one week to answer audit queries
