Federal House of Representative’s Committee on Finance has directed the Federal Road Safety Corps and Fiscal Responsibility Commission to reconcile over alleged unaccounted N5.1 billion.
The Chairman of the Committee, James Faleke, gave the directive at the ongoing interactive session on the Medium Term Expenditure Framework (MTEF) on Wednesday.
The Fiscal Responsibility Commission said, FRSC did not remit N5.1 billion to the Consolidated Revenue Account since 2016.
The FRC Director of Planning and Standard, Alex Alekwo, told the committee that the FRSC was yet to remit N5.1 billion to the Consolidated Revenue Account since 2016.
But in a quick response to the claim, the Corps Marshall of the FRSC, Boboye Oyeyemi, who attended the session, said the Corps had never defaulted with remittance to the government coffer and the Corps had remitted the said amount.
He also asked the committee to give the Corps time to provide evidence of remission from the Office of the Accountant General.
Oyeyemi said: “If you give us time, we can submit the proof of remittances to this committee.”
“We are a law abiding organisation. As of August…. we are very relieved when it comes to remittance. The committee can inquire directly from the Accountant General of the Federation of the monthly receipts. The records are there. I think there is an issue with the FRC.”
Chairman of the Committee, James Faleke has directed the Corps to “reconcile with the FRC and give feedback.