The Next Edition
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate
No Result
View All Result
The Next Edition
No Result
View All Result
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate
Home Headline News

Senate invites IG-P over alleged unpaid N6.5bn revenue

Agency Report by Agency Report
October 30, 2017
in Headline News
Senate invites IG-P over alleged unpaid N6.5bn revenue
0
SHARES
5
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

The Senate has invited the Inspector General of Police, Ibrahim Idris, over alleged unpaid N6.5 billion revenue.

He is to appear before the Senate ad-hoc Committee on Alleged Fraudulent Activities in Collection, Accounting, Remittance and Expenditure by Revenue Generating Agencies.

You might also like

Guild of Editors Suspends Editor For One Year

Enugu Govt. Urges Digital Health Records Adoption  

Police Arrest Three Suspects For Kidnapping Bayelsa High Court Judge, Justice Umokoro

The committee’s Chairman, Senator Solomon Adeola, made this known in a statement signed by his Media Adviser, Mr Kayode Odunaro, on Sunday in Abuja.

According to him, the invitation followed findings on a N6.5 billion unpaid revenue accruing from the Lagos Trade Fair Complex.

He said, others invited to appear before the committee are the Director Generals of Directorate of State Security (DSS), Bureau of Public Enterprise (BPE) and National Council on Privatisation (NCP).

Adeola said the essence of the invitation was to get the Police and DSS to assist the Federal Ministry of Commerce and Industry and the Bureau of Public Enterprise (BPE) in recovering the money, which had accrued for over nine years.

He said that the invitation was to also assist in ejecting the concessionaire of the Trade Fair Complex, LITFC, AULIC Nigeria Limited and recovering the complex.

Adeola said it had become necessary to recover the 322 hectares multi billion Naira complex following a huge debt due in the N40 billion lease fees.

Adeola quoted the Director-General of BPE, Mr. Alex Okoh, as saying the concession agreement to AULIC Nigeria Limited was revoked in early September by the federal government.

READ ALSO: Fashion industry, Africa’s best kept treasure -AfDB

He further quoted Okoh as saying all efforts to eject the concessionaire including the use of the Divisional Police at the complex and Economic and Financial Crimes Commission (EFCC) proved abortive.

Adeola said findings showed that “after the initial fees of N200 million paid by the concessionaire in 2007 and another N12 million, it had not paid a dime to the federal government, with outstanding revenue of N6.5 billion.

“The concessionaire has bastardised the trade fair complex with hospitality and real estate businesses without approved plans.

“It is shocking that an individual or corporate organisation could operate so lawlessly, withholding federal government revenue, while contravening a government revocation order of his concessionaire agreement.

“What we need to do at this point is to recover the Trade Fair Complex from the concessionaire and subsequently pursue the issue of N6.5 billion unremitted federal government revenue.

“Since the local police cannot handle the ejection with the concessionaire still operating and collecting revenue using all manner of tactics including thuggery, we are inviting the IG-P and DG-DSS to address this illegal challenge on the authority.

“I am surprised that anyone can flagrantly operate as if he is above the law and the government,’’ the statement reads in part.

 

(NAN)

Tags: headlineIG-PnewsNEXT EDITIONSenateunpaid N6.5bn revenue
Agency Report

Agency Report

Recommended For You

NGE Demands End To Harassment Of Journalists By Ebonyi Govt

Guild of Editors Suspends Editor For One Year

  The Nigerian Guild of Editors (NGE) has suspended one of its members, Mr. Steve Osuji, for violating the "off the record" provision in the Code of Ethics...

How My Husband, Pastor Killed My 7-Year-Old Son For Money Ritual In Enugu- Wife

Enugu Govt. Urges Digital Health Records Adoption  

    The Enugu State Government has called on public and private hospitals to adopt the digitalisation of patients’ medical records to enhance service delivery and reduce treatment...

Police Arrest 'immigration officer,' 3Others With Trailers Of Rustled Cows

Police Arrest Three Suspects For Kidnapping Bayelsa High Court Judge, Justice Umokoro

The kidnappers had last saturday demanded sum equivalent of N300million in foreign currency for his release.   The Nigerian police have arrested three suspected kidnappers of the Bayelsa...

CAC Registers 2million Businesses As FG Moves To Tackle Unemployment

CAC Unveils AI-powered Registration Portal

  The Corporate Affairs Commission (CAC) has announced a complete overhaul of the Company Registration Portal (CRP) and introduced a new Artificial Intelligence (AI)-powered registration portal, which is...

Next Post
Nigeria wins 2nd Africa Zone 2 Junior Swimming Championship

Nigeria wins 2nd Africa Zone 2 Junior Swimming Championship




Related News

Trump Impeached For Alleged Abuse Of Power

Trump Impeached For Alleged Abuse Of Power

How Donald Duke Plunged Cross River Into N100billion Debt – Ex-Governor Imoke (Part 1)

How Donald Duke Plunged Cross River Into N100billion Debt – Ex-Governor Imoke (Part 1)

7-star PSG humiliate Monaco to regain title

7-star PSG humiliate Monaco to regain title




The Next Edition

Office Address

3B, Agboola Aina street, Off Toyin Street,
Ikeja, Lagos.

Quick Contact Details

Phone:
08033018430
Whatsapp:
08051679910

Email:
[email protected]
[email protected]

Categories

  • Aviation
  • Beauty
  • Breaking News
  • Business
  • Columnists
  • Editorial
  • Entertainment
  • Fashion
  • Featured
  • Football
  • Foreign
  • Headline News
  • Home & Garden
  • Interviews
  • Investigations
  • North Central
  • North East
  • North West
  • Opinion
  • Parenting
  • Politics
  • Relationships
  • South East
  • South West
  • South-South
  • Special Reports
  • Sports
  • Top News
  • Vox Pops

© Next Edition Business Development Limited

  • About Us
  • Advert Rate
  • Contact Us
  • Privacy Policy
  • Terms of Use
No Result
View All Result
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate

© Next Edition Business Development Limited