The Senate Joint Committee on Customs, Excise and Tarrifs; and Marine Transport yesterday claimed that have recovered over N140bn from banks and companies in its probe into the alleged loss of N30tn in Nigeria’s import and export value chain.
It said the recovered funds had been deposited with the Central Bank of Nigeria.
This was contained in the interim report by the panel which the Senate considered and adopted at the plenary on Wednesday.
The probe followed the adoption of a motion titled ‘Urgent Need to Examine the Operations of the Nigeria Customs Service Revenue Drive’ on November 15, 2016.’
The Senate had specifically mandated the committee to carry out a holistic investigation into the activities of the service “with a view to identifying the leakages and irregularities as well as the causes of the declining revenue profile of the service and come up with recommendations that will reinvigorate the revenue of the Nigeria Customs Service.”
In the report presented by its Chairman, Senator Samuel Anyanwu, the panel said some banks had remitted N128bn to the CBN, while some of the 60 companies investigated made voluntary payments of N12bn into Federal Government coffers.
The panel said, “As a result of this exercise, some collection banks has made additional remittances to the Central Bank of Nigeria to the tune of N128bn and evidence of payment and receipt have been received by the committee.
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