Thursday, July 31, 2025
Home Business CUSTOMS CG PLEDGES COLLABORATION WITH PUBLIC ACCOUNT COMMITTEE ...PROMISES TRANSPARENCY...

CUSTOMS CG PLEDGES COLLABORATION WITH PUBLIC ACCOUNT COMMITTEE …PROMISES TRANSPARENCY IN ACCOUNT AUDITING

The Comptroller General of Customs  Bashir Adewale Adeniyi  has retraited to promote transparency in its financial statements for efficient auditing of accounts.
The CGC made this known during an appearance before the House of Representatives Public Accounts Committee  in Abuja.
According to the CGC, NCS has been using integrated technology to collect revenue for over 20 years, and more than 20 commercial banks are involved in the process.
He explained  that,” the service entered into a contract with these banks and was granted access to a technology platform that allowed them to collect the payments. He further stated that the fund is remitted directly by the banks to the federation accounts”.
The Comptroller General  further pledge  to collaborate closely with the Committee, saying, “Compliance is something we take seriously, and we will ensure that if there are any grey areas that need our service to foster efficiency, I am happy to mention that my team and I are prepared and will in the most transparent manner, present statements to the committee.”
The Chairman of the Public Account Committee (PAC), Bamidele Salami, advised that NCS always provide an audited statement of accounts and adhere to all legal requirements.
RELATED ARTICLES

TINUBU EXTENDS CUSTOMS CG’S TENURE.

President Bola Tinubu has approved a one-year tenure extension for the Comptroller-General of the Nigeria Customs Service,  Bashir Adewale Adeniyi. Adeniyi was due to step...

NAICOM ISSUES GUIDELINES FOR INSURTECH OPERATIONS IN NIGERIA.

  The National Insurance Commission (NAICOM) has  issued operational guidelines for Insurtech businesses in Nigeria, following extensive stakeholder consultation and engagement.    The guidelines, effective from August...

FG  INAUGURATES NEW NDIC MANAGEMENT .

The Honourable Minister of Finance and Coordinating Minister of the Economy,  Wale Edun has inaugurated the new Managing Director/Chief Executive Officer of the Nigeria...

Most Popular

TINUBU EXTENDS CUSTOMS CG’S TENURE.

President Bola Tinubu has approved a one-year tenure extension for the Comptroller-General of the Nigeria Customs Service,  Bashir Adewale Adeniyi. Adeniyi was due to step...

HEPATITIS: FCTA TO LAUNCH SCREENING OF FOOD HANDLERS.

  In its bid to safeguard public health and food security in the Federal Capital Territory (FCT), the FCT Administration (FCTA) will soon commence a...

NAICOM ISSUES GUIDELINES FOR INSURTECH OPERATIONS IN NIGERIA.

  The National Insurance Commission (NAICOM) has  issued operational guidelines for Insurtech businesses in Nigeria, following extensive stakeholder consultation and engagement.    The guidelines, effective from August...

CDS REAFFIRMS ARMED FORCES’ COMMITMENT TO PEACE AND SECURITY IN NORTHERN NIGERIA, HIGHLIGHTS KEY ACHIEVEMENTS

  The Chief of Defence Staff (CDS), General Christopher Gwabin Musa, thas restated the commitment of the Armed Forces of Nigeria (AFN) to restoring peace...

Recent Comments