Reps Probe PPPRA over alleged non-remittance of N1.343 trillion

(Last Updated On: December 18, 2019)

Reps Probe PPPRA over alleged non-remittance of N1.343 trillion

By Tordue Salem
The House of Representatives has raised a panel to probe an alleged non-remittance of N1.343 trillion Internally Generated Revenue (IGR) to the Consolidated Revenue Account by the Petroleum Products Pricing Regulatory Agency (PPPRA).

Two members of the House, Reps. Ossai Nicholas Ossai (PDP-Delta) and Julius Ihonvbere (APC-Edo), sought the probe, through a Bill under Matters of urgent public importance.

They argued that the non-remittance of the IGR into the Consolidated Revenue Account domiciled in the Central Bank of Nigeria (CBN) by PPPRA contravenes Section 162(1) of the 1999 Constitution (as amended).

Continue reading Reps Probe PPPRA over alleged non-remittance of N1.343 trillion at Vanguard News.

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