Reps PAC Recovers ₦521m Unremitted VAT From CBN

By Oluwakemi Kindness The House of Representatives Public Accounts Committee (PAC) says it has recovered ₦521.8 million in unremitted Value Added Tax (VAT) from the Central Bank of Nigeria (CBN) as part of an ongoing probe into revenue leakages linked to the Remita platform. The committee say the recovered sum, amounting to ₦521,765,134.17, represents VAT […]
PAC Gives Finance Authorities October 2026 Deadline on Unaudited Accounts

By Oluwakemi Kindness The Accountant-General of the Federation and the Auditor-General of the Federation, have been ordered to submit all outstanding consolidated financial statements and audited accounts of the Federal Government for the 2023, 2024 and 2025 fiscal years by October 2026. The House of Representative’s Public Accounts Committee (PAC) which issued the firm directive […]