Reps Query NECO Over N636. 778m Unremitted Revenue

The  House of Representatives Committee on Finance has  queried the     National Examination Council, NECO over the sum N636, 778, 000 which it failed to remit in 2019.

The Committee grilled the Acting Registrar, Ebikibina Ogborodi, and other top management staff of the examination body over the discovery.

In his defense,Ogborodi said they had an operating surplus of N1, 278, 462, 493 of which they were to remit 80 percent (N1, 022, 769, 994) to the government.

He however said that only the sum of N385, 991, 627 was remitted.

The Acting Registrar said this was because the examination body was being owed by some states governments with the organization having difficulties recovering the debts.

“The balance is because some state governments who did the examinations are yet to pay,” he said.

He said Zamfara was the highest debtor with N1, 220, 234, 000.

Others are Adamawa (N281, 455, 500), Kano (N240, 043, 000), Gombe (N7, 214, 150), Bornu (N40, 027, 675) and Niger (N234, 453, 157).

He said they had written to relevant authorities to help with the recovery of the money.

But the Committee chairman, James Faleke,  frowned at the examination body on their transactions, threatening that the Accountant General would block the account of the examination body and only make money available to them to conduct examinations.

He directed that they come back in two weeks with all relevant documents about their transactions.