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Reps committee summons CBN Gov over remita leakages
The House of Representatives Committee on Public Accounts (PAC) has summoned the Central Bank Governor to appear before it on Tuesday, March 5, unfailingly, regarding issues with leakages on the REMITA platform.
The Committee’s Chairman, Hon. Bamidele Salam, conveyed the summons in a letter to the CBN Governor titled
RE: INVESTIGATION OF REVENUE LEAKAGES THROUGH REMITA PLATFORM AND NON-COMPLIANCE SUBSTANTIVELY WITH STANDARD OPERATING PROCEDURE AND OTHER ALLIED SERVICE LEVEL AGREEMENT 2023 (HR.373/11/2023).
The PAC Chairman stated that the CBN Governor’s failure to appear before the Committee and address the issues has significantly hindered the investigative process on revenue leakages through the REMITA platform.
According to him, “You are strongly advised to take advantage of this invitation and appear before the Committee on Tuesday, March 5, 2024, at 10:00 am in Meeting Room 446, House of Representatives’ New Building, to respond to the issues that will arise during the hearing session.
“You are also advised to bring along all relevant officers familiar with the issues at stake who may assist you in providing answers to any questions that could arise during the session.”
“Please refer to your representation before the Public Accounts Committee on Tuesday, February 27, 2024, by an Assistant Director without a written letter to that effect. Be advised that the Committee does not allow representation; all Chief Accounting Officers are to appear in person to defend their office.
“You will also recall that the Committee has sent several correspondences to your office on the same subject with Ref. Nos: HR/PAC/SCO5/10NASS/HR.373/11/2023/1/2, dated December 8, 2023; HR/PAC/SCO5/10NASS/HR.373/11/2023/1/31, dated January 19, 2024; HR/PAC/SCO5/10NASS/HR.373/11/2023/1/60, dated January 25, 2024, and HR/PAC/SCO5/10NASS/HR.373/11/2023/2/84, dated February 19, 2024. We observed your absolute disregard for its Constitutional mandate. Please find copies of the letters attached.
“Your failure to appear before the Committee and respond to the issues has significantly stalled this Committee’s investigative process on revenue leakages through the REMITA platform.
“Consequently, the Committee wishes to draw your attention to previous letters on various subject matters, to which you are yet to respond. Please find references below:
HR/PAC/SCO5/10NASS/QUE.2/29 dated January 23, 2024; HR/PAC/SCO5/10NASS/FA/1 dated January 23, 2024; HR/PAC/SCO5/10NASS/SE.3/34 dated January 30, 2024, and HR/PAC/SCO5/10NASS/SE.3/35 dated February 22, 2024. Please also find copies of the letters attached.
The Committee frowns at this and wishes to remind you of the relevant constitutional provisions in Sections 62 and 89(1) (a, b, c & d) & (2) of the 1999 Constitution of the Federal Republic of Nigeria (as amended). The Public Accounts Committee has the power to summon any person in Nigeria to give evidence, produce any document in his possession and under his control.
It may also interest you to note that under Sections 89 (1) (d), the Committee has the power to issue a warrant to compel the attendance of any person who, after being summoned, fails, refuses, or neglects to do so.
Failure to comply with this civil invitation may leave the Committee with no choice but to issue a warrant of arrest against you in line with Legislative Houses (Powers & Privileges Act 2017) (Sections 2 & 3) and the 1999 CFRN (as amended) in line with House Procedures.
Consequently, the Committee resolved to grant you one last opportunity to appear.”
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The Federal Capital Territory(FCT), Minister of the Federal Capital Territory Administration (FCTA), Barr Nyesom Wike has moved to ensure that the cost of construction is reduced in the Territory.
By Kayode Sanni-Arewa
He took this position during an inspection tour to Zeberced Limited Quarry Saturday in Abuja which is the largest in the whole of West Africa.
Wike, who was amazed at the scale of operations, described it as a game-changer for the construction industry in the region.
He said: “It’s a factory right here in the FCT, and the Managing Director has always invited me to see the facility, which is the biggest quarry in West Africa. I had never been here before, but today, I’ve taken the opportunity to assess the environment and see firsthand the incredible work being done,” Wike remarked during his tour of the factory.
The minister’s visit comes amidst rising construction costs in the capital city.
Wike stressed that the abundant availability of raw materials within the FCT should, in fact, lower construction expenses, particularly when it comes to aggregates used in building roads and infrastructure
He stated, “That shows that ordinarily, the cost of construction ought not to be very expensive, particularly in the FCT. Apart from the equipment that is imported, the raw material is available here. I wonder why contractors should be talking about the high cost of aggregates as if these materials are imported they’re made right here.”
With over 800 workers directly employed at the quarry, Wike commended the company’s contribution to job creation and local economic growth.
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He further revealed that the same company is spearheading the development of an industrial park at Idu, a project the FCT Administration is fully supporting.
“I sent out a letter to the Ministry of Finance just yesterday to facilitate some tax credits, which will enable them to carry out the expansion of a single-carriage road to a double-carriage way, a project currently being handled by Salini Construction Company. We’re giving them all the necessary support to make this a reality,” Wike added.
The minister, visibly impressed by the quarry’s operations, expressed some concerns about the environmental impact but was reassured that all assessments were up to standard. “My only concern was the environmental impact assessments, but I’ve been assured that everything is in compliance. I’m very impressed with what I’ve seen here.”
Wike’s visit underscores the FCT Administration’s focus on driving industrial growth while encouraging local manufacturing to support infrastructure development.
With local resources available, he emphasized the need for contractors to re-evaluate pricing structures, particularly in the FCT, to reflect the advantages of sourcing materials locally.
Wike’s endorsement of the quarry and the upcoming industrial park at Idu marks a step towards a more sustainable and cost-efficient approach to construction in the capital, aligning with President Bola Tinubu’s administration’s vision for economic growth and infrastructural development.
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