The office of the Auditor-General for the Federation has said that of the N6.4tn generated by revenue collection agencies in 2017, about N1.5tn was not remitted into the federation account.
The action which is said to violate constitutional provisions, was said to have been carried out by the Nigerian National Petroleum Corporation, the Federal Inland Revenue Service and the Department of Petroleum Resources.
This was disclosed in the Wednesday’s release of the 2017 Auditor-General’s report, signed by the Auditor-General, Anthony Ayine, who said the monies were deducted without authorisation.
In a breakdown contained in the 320-page report, the AG revealed that the NNPC generated N2.41tn and made a deduction of N1.3tn before remitting the remaining N1.07tn into the federation account.
FIRS was said to have generated N2.66tn but paid N2.45tn into the account, DPR generated N733.05bn and deducted N26.77bn while paying N706bn into the account.
Ayine expressed cause for concern as he said the deductions affected money available for allocation to the tiers of government.
He further recommended that all defaulting agencies be appropriately sanctioned in line with constitutional provisions.
The actions, according to Ayine, violate section 162 of the 1999 Constitution of the Federal Republic of Nigeria.