Sunday, April 19, 2026
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

DANGOTE SPOTLIGHTS REFINERY, VISION 2030, OTHERS, AT NASARAWA TRADE FAIR

  Africa’s leading conglomerate will feature its flagship Dangote Refinery and Petrochemical Company at the 2026 Nasarawa Trade Fair, which will be officially declared open...

RESOLUTION OF FAILED BANKS: NDIC COMMENCES PROCESS TO CONCLUDE THE LIQUIDATION OF 89 MFBS & PMB

  The Nigeria Deposit Insurance Corporation (NDIC) has commenced the process of concluding the liquidation activities of 89 closed Microfinance Banks (MFBs) and Primary Mortgage...

NAICOM AND UNDP STRENGTHEN PARTNERSHIP TO SCALE INSURANCE INNOVATION

The National Insurance Commission is deepening its collaboration with the United Nations Development Programme to drive innovation, expand insurance access, and strengthen climate risk...

Most Popular

ALL 13 KIDNAPPED OTUKPO PASSENGERS RESCUED

Felicity Ndere, Markudi All thirteen passengers abducted along the Makurdi–Otukpo road in Otukpo Local Government Area of Benue State have been successfully rescued. Security sources confirm...

NMDPRA DISMISSES JET FUEL SCARCITY CLAIMS, CONFIRMS 74-DAY SUPPLY

Kikelomo Okere The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has dismissed reports of aviation fuel scarcity and price spikes, assuring Nigerians of adequate...

NIGERIA OPEN TO MORE INVESTMENT IN OFFSHORE OIL AND GAS SECTOR

    The Minister of Interior, Dr. Olubunmi Tunji-Ojo, has boosted investor confidence in Nigeria, expressing optimism that reforms under President Tinubu’s Renewed Hope Agenda are...

PALM OIL RESET: FG TARGETS $500M SAVINGS FROM PALM OIL REVIVAL

Anietie Patrick Nigeria is moving to revive its struggling palm oil sector, with a bold target to save up to 500 million dollars annually from...

Recent Comments