For More:Visit Us at Uju Ayalogu's Blog
Also invited are four companies engaged by the Nigeria Immigration Service in a public-private partnership arrangement over the years.
The invitees are to appear before the Senate Ad Hoc Committee on Alleged Misuse, Under Remittance and Other Fraudulent Activities in the Collection, Remittance and Expenditure of Internally Generated Revenue by Ministries, Departments and Agencies.
A statement by the Media Adviser to the Chairman of the Committee, Senator Olamilekan Adeola, Mr. Kayode Odunaro, said they were to appear on April 6, 2017.
The statement said the companies – Contec Nigeria Limited, Greater Washington Nigeria Limited, Newwork Solution and Investment Limited and Iris Smart Technologies –which were contracted for e-passport production, expatriate residence permit and alien card as well as other immigration services, had contractual agreements to perform some revenue generating services on behalf of the NIS.
It, however, alleged that the companies were “withholding a hefty percentage of revenue that would have accrued to the Federal Government.”
Adeola, at a sitting of the Senate committee on Thursday, was said to have invited various public officials and corporate organisations, following the presentation made by the Comptroller General of the NIS, Mr. Mohammed Babandede, on the revenue profile of the service “and how various revenues generated, running into billions of naira and dollars, were shared by the companies, the NIS and the Federal Government.”
The Chairman of the committee was quoted to have confirmed from the Immigration boss that the service could now undertake the services provided by the companies as a way of increasing revenue accruing to the government.
Adeola was quoted as saying, “I am at a loss on why a huge part of the revenue generated by the NIS continued to be paid to private firms in the name of PPP, which should actually be based on Build, Operate and Transfer.
For More:Visit Us at Uju Ayalogu's Blog
We cannot be denying Nigerian people benefits that would accrue to them through increased revenue to government coffers instead of huge earnings for private concerns.
This is an area that government can generate huge revenue. There is the need to get clarifications on this issue from all the parties involved.”
Babandede, in his presentation, was quoted to have disclosed that the reasons for entering into a PPP arrangement by the government was due to inadequate funding, late release of budgeted sums, multiple acquisition of travel documents and poor revenue generation.
He added that private partners provided all the funding while money realised in course of issuing facilities was shared with government in order to allow private partners recoup their investment.
-Punch.ng
Are you an artiste? Do you want your music to go viral and reach a large number of audience? Promote your music and Submit your story on Ujuayalogusblog.com by clicking here. For Advert Inquiries Tele/+44(0)7590363984 Subscribe to Ujuayalogusblog.com News!
ALL RIGHTS RESERVED. 2015-2017 @ Uju Ayalogu's Blog NIGERIAN NEWS
For More:Visit Us at Uju Ayalogu's Blog
No comments:
Post a Comment