Audit Report: Senate panel clears Customs of ₦62 billion non-remittance query (opens original article in a new tab)

The Senate Committee on Public Accounts has cleared the Nigeria Customs Service of the allegation that it failed to remit ₦62.2 billion to the Federation Account, citing misclassification and miscalculation of levies. An ad hoc committee will address remaining issues, while most queries have already been reconciled.

• Senate Committee on Public Accounts cleared Nigeria Customs Service of failing to remit ₦62.2 billion to the Federation Account
• Ad hoc committee will address other audit issues raised by Auditor-General
• NCS explained that ₦62.2 billion included levies not required by law to be remitted to the Federation Account
• Most audit queries were already reconciled in previous engagements