Senate Probes BPE, Alleges Unremitted $679.4m Rent On Ports’ Concession - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (F.BA)
January 6, 2022
The investigation is based on the Auditor-General for the Federation’s Annual Report on Non-Compliance/Internal Control Weaknesses Issues in Ministries, Departments and Agencies of the Federal Government of Nigeria for the Year Ended 31st December 2019.
The Acting Auditor-General of the Federation, Adolphus Aghughu, had presented the report to the Clerk to the National Assembly, Ojo Amos, on September 15, 2021, while the Senate and House Committees on Public Accounts launched an investigation into the queries.
The query by the office against the Bureau of Public Enterprises showed that 23 companies were granted concession at various ports under the NPA for 10 years and above, with an annual rent of $679.4m payable to the NPA as of December 31 of every year.