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Sunday, June 23, 2024
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.
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