SEC IGR Record: Reps Knock AGF’s Office

House of Representatives Committee on Finance has expressed disappointment in the office of Accountant General of the Federation (oAGF) over its inability to provide evidence of 25 per cent of the N6 billion internally revenue generated by the Securities and Exchange Commission (SEC) in 2020.

The panel while meeting with SEC Director General, Mr Lamido Yuguda on the review of the 2020 to 2022 budget defence and 2023-2025 Medium-term Expenditure Framework (MTEF) and Fiscal Policy Paper (FPP) from 2023 to 2025 had wanted the AGF to confirm the figures to no avail.

Specifically, the chairman of the committee, Hon. James Faleke had requested the AGF to give a proof of N738 million remittance.

He said “Where is it in your own record? I want to see your own record, not their own record. If you are referring me to their record, then you are not supposed to be here.

“Accountant general, honestly, are you happy with your job, are you satisfied that you are doing the right thing and you are presenting the necessary information to Nigerians through this Committee?

“It’s rather unfortunate honestly. At least I can see the laptop in front of my brother, it’s no longer manual.”

In their reaction, the AGF office said: “We have their record but not here but the receipts are issued by us. So we can confirm it. Because they are not part of the schedule we are supposed to have today. We are happy to be part of the Committee.”

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