Govt deploys account directors to monitor revenue in NNPC, FIRS, Customs, others

Federal Government will deploy Directors of finance and accounts to its revenue-generating agencies, according to reports.

The NATION reports that the directors are set to conclude a two-day orientation ahead of their redeployment to select revenue-generating Government Owned Enterprises (GOEs).

Checkout Magazine learnt that the directors will be responsible for monitoring revenue generation by the agencies and ensure such earnings are accurately remitted into government coffers.

They would, among others, block revenue leakages, payment of salaries above the approved limit and non-remittance of unspent funds by the affected agencies.

The agencies are: the Nigerian National Petroleum Corporation (NNPC); Federal Inland Revenue Service (FIRS); Nigeria Customs Service; Department of Petroleum Resources (DPR); Federal Airports Authority of Nigeria (FAAN); Corporate Affairs Commission (CAC); Nigerian Communication Commission (NCC); Nigeria Maritime Administration and Safety Agency (NIMASA); Nigeria Shippers Council and Nigerian Port Authority.

Speaking at the orientation programme organised by the Office of the Accountant-General of the Federation (OAGF) for revenue directors, Secretary to Government of the Federation (SGF) Boss Mustapha said government wanted to “post Professional Treasury Officers to select FGOEs to among others enable the treasury to have a better understanding of the business processes and operations of the FGOEs”.

Finance, Budget and National Planning Minister Mrs. Zainab Ahmed urged the directors to be involved in the operations of the agencies by having better understanding of their business processes in the course of discharging their functions.

Mrs Ahmed also urged the directors to improve transparency and accountability in revenue reporting by the FGOEs.

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