The House of Representatives on Tuesday in Abuja, commenced a four-day investigative public hearing on the alleged under remittance of revenue into the federation account by some agencies.
The hearing is being
Declaring the event open, the Speaker, Mr. Yakubu Dogara said the committee organized following a resolution of the house to investigate the alleged under remittance.
He said the committee’s report would guide the house to make further resolutions with the view to averting further under remittance of revenue into federation account.
According to him, at this period when government is making efforts towards diversification of the economy, it is disheartening to hear repeated cases of under remittance of revenue by agencies required to generate and manage the revenue.
He said that with the dwindling funds from the oil sector, it was important to close up all leakages in revenue.