The House of Representatives Committee on Finance has queried the National Examinations Council, NECO, over a sum of N6.6 billion that was allegedly not remitted into the nation’s treasury.
The House of Representatives Committee on Finance has queried the National Examinations Council, NECO, over a sum of N6.6 billion that was allegedly not remitted into the nation’s treasury.
Speaking at the investigative hearing into under-remittances of revenue generated by major Ministries, Departments and Agencies (MDAs), Chairman, House Committee on Finance, Hon. Abiodun Faleke threatened that the Committee would use all constitutional means to compel the appearance of heads of all revenue-generating agencies before the Committee.
Hon. Faleke who expressed concern over the shocking revelation from the two years audit harped on the need to conduct Status of Inquiry on the financial position of NECO.
NECO, on the other hand, said 19 states are currently indebted to it.
At the end of the day, the Committee asked the Council to furnish it with its audited accounts from 2011 to 2019.