The House of Representatives’ Committee on Public Accounts, on Tuesday, held a meeting with terminal operators at Nigerian ports to determine their actual indebtedness to the Federal Government.
The Committee also told the Nigerian Ports Authourity (NPA) to urgently convene a meeting with the private terminal operators to reconcile the accounts.
This is based on an audit query issued by the Office of the Auditor General for the Federation which alleged that 18 port terminal operators had failed to remit total sums of $753m and N1.61bn to the government.
Chairman of the committee, Oluwole Oke, ordered the reconciliation meeting at the investigative hearing.
Oke said the Bureau for Public Enterprises and some of the committee members should be part of the meeting.
According to him, the reconciliation was necessary to resolve the controversy between the two parties over the actual amounts owed the government.
Oke noted that the terminal operators were invited by the committee to file their defence, adding that the government was in dire need of revenue to meet certain obligations.
The lawmaker said, “I want Nigerians to understand why we invited private companies. Ordinarily, we have no business with private companies. The Auditor General for the Federation indicted terminal operators for being indebted to the Nigerian Ports Authority.
“We invited the NPA and they have made their submission and gave us their breakdown of what the terminal operators owe them and that they tried severally to recover the money. For fair hearing, we have invited you because we cannot shave your hair in your absence. That is why we had to invite you so that we can hear your side your side of the story because we are at a crossroads.”
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