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Audit report: Senate clears Customs of N62.2bn under-remittance query The Senate Public Accounts Committee, SPAC, on Tuesday vacated a N62.2 billion under-remittance query against the Nigeria Customs Service, NCS, in the 2019 audit report by the Office of the Auditor-General of the Federation, OAuGF. The committee, in an investigative session with Comptroller-General of Customs, Bashir Adewale Adeniyi, also resolved to set up a small committee to reconcile the remaining 76 queries raised against the Service in the 2019 and 2020 audit reports. The session focused on the first 77 queries on alleged financial infractions against Customs. Representative of the Auditor-General, as directed by SPAC Chairman, Senator Ibrahim Dankwabo (Gombe North), read Query 1: That in 2017, while N691.242 billion was Customs’ total revenue collection, only N629.23 billion was remitted, leaving a balance of N62.2 billion allegedly unremitted into the Federation Account. Responding, Adeniyi said the N62.2 billion classified as “unremitted” was wrongly arrived at due to misclassification of levies collected on behalf of other agencies. “The under-remittance of N62.2 billion levelled against Customs in the…

Audit Report: Senate panel clears Customs of ₦62 billion non-remittance query <img width="525" height="367" src="https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2026/05/IMG_0266-1.jpeg?fit=525%2C367&amp;ssl=1" class="webfeedsFeaturedVisual wp-post-image" alt="Bashir Adewale Adeniyi, Comptroller General of Customs" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" decoding="async" srcset="https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2026/05/IMG_0266-1.jpeg?w=525&amp;ssl=1 525w, https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2026/05/IMG_0266-1.jpeg?resize=499%2C349&amp;ssl=1 499w" sizes="(max-width: 525px) 100vw, 525px" /><p> The committee said most of the transactions in question occurred before the current Comptroller-General of Customs, Bashir Adeniyi, assumed office.</p> <p>The post <a href="https://www.premiumtimesng.com/news/more-news/888247-audit-report-senate-panel-clears-customs-of-%e2%82%a662-billion-non-remittance-query.html">Audit Report: Senate panel clears Customs of ₦62 billion non-remittance query</a> appeared first on <a href="https://www.premiumtimesng.com">Premium Times Nigeria</a>.<…

Senate clears Customs of N62.2bn underremittance, says query ... Share The Senate Committee on Public Accounts (SPAC) has dismissed an audit query alleging that the Nigeria Customs Service (NCS) failed to remit N62.2 billion to the Federation Account, as contained in the Auditor-General’s 2019 report. The decision was reached on Tuesday during an investigative hearing involving the leadership of the NCS, led by Bashir Adeniyi, the Comptroller-General. The committee also announced plans to establish a joint reconciliation team to review and resolve 76 other audit observations raised against the agency in the 2019 and 2020 audit reports. Proceedings began with the committee examining the first three audit queries. Representatives of the Office of the Auditor-General of the Federation presented the issues before the panel, chaired by Senator Ibrahim Dankwabo. According to the audit report, Customs generated N691.242 billion in revenue in 2017 but remitted only N629.23 billion to the Federation Account, leaving an alleged shortfall of N62.2 billion. Responding to the allegation, Adeniyi explained that the figure was the result of a classification error involving statutory levies colle…

Customs Surpasses Revenue Target, Seeks Senate Approval of 2026 Budget Customs Surpasses Revenue Target, Seeks Senate Approval of 2026 Budget NATIONAL ASSEMBLY NEWS By Moses Idika On Jul 6, 2026 4,013 0 The Chairman of the Senate Committee on Customs, Senator Jibrin Echuochuo, has commended President Bola Tinubu for his unwavering support for the ongoing reforms in the Nigeria Customs Service (NCS), saying the administration’s patience, confidence and commitment have strengthened revenue generation, boosted investor confidence and improved economic activity. Speaking during the defence of the Nigeria Customs Service’s 2026 budget proposal before the Senate Committee, Senator Echuochuo said the President remained steadfast despite the challenges associated with the reform process. Sponsored Ad He noted that the reforms have delivered tangible results, including improved revenue generation, increased participation in the economy and stronger investor confidence. The lawmaker also appreciated President Tinubu for approving a six-month extension of the Service’s mandate, describing the decision as an opportunity to consolidate ongoing reforms and deliver greater results. According to …

Senate Clears Customs of N62.2bn Under-Remittance Allegation Senate clears Customs of N62.2bn under-remittance allegation June 16, 2026 6:33 pm Nigerian Senate By Adebayo Folorunsho-Francis Kindly share this story: The Senate Committee on Public Accounts has cleared the Nigeria Customs Service of a N62.2 billion under-remittance allegation contained in the 2019 audit report of the Office of the Auditor-General of the Federation. The committee, during an investigative session on Tuesday, vacated the query after the Comptroller-General of Customs, Bashir Adewale Adeniyi, provided explanations on the alleged financial infraction. The session focused on 77 queries raised against the Customs Service in the 2019 and 2020 audit reports. Following the submissions by the Customs CG, the committee resolved to constitute a smaller panel to reconcile the outstanding issues contained in the remaining queries. The investigative hearing, chaired by Senator Ibrahim Dankwambo (Gombe North), saw the Customs boss respond to the first three queries presented by representatives of the Auditor-General of the Federation. Reading the query, the Auditor-General’s representative explained that in 2017, whi…

Senate panel clears customs of N62.2bn under-remittance ... - TheCable The senate committee on public accounts has vacated a N62.2 billion under-remittance query issued against the Nigeria Customs Service (NCS) in the 2019 audit report of the office of the auditor-general of the federation. The committee took the decision on Tuesday during an investigative session on 77 audit queries raised against the customs service in the 2019 and 2020 audit reports. The session was attended by Bashir Adeniyi, comptroller-general of customs. The committee also resolved to set up a small reconciliation panel to review the remaining 76 audit queries. Ibrahim Dankwambo, chairman of the committee, directed representatives of the auditor-general’s office to read out the first three queries to the customs boss. According to the audit report, customs collected N691.242 billion in revenue in 2017 but remitted N629.23 billion into the federation account, leaving an alleged unremitted balance of N62.2 billion. Responding, Adeniyi said the amount was wrongly classified as under-remittance because it consisted largely of levies collected on behalf of other agencies. “The underremittance of N62.2 bil…

Senate committee clears Customs of N62.2bn audit query after review of ... The Senate Committee on Public Accounts has exonerated the Nigeria Customs Service (NCS) of allegations that it failed to remit N62.2 billion to the Federation Account, following an investigation into findings contained in the 2019 report of the Office of the Auditor-General for the Federation. The decision was reached during a public hearing on Tuesday after the Comptroller-General of Customs, Bashir Adewale Adeniyi, defended the agency’s financial records and addressed concerns raised by lawmakers over the audit observations. The committee had been examining 77 separate audit queries involving the Customs Service from the 2019 and 2020 audit reports. After reviewing explanations on the first set of issues, senators agreed to dismiss the N62.2 billion allegation and set up a reconciliation panel to resolve the remaining matters. Presiding over the hearing, Senator Ibrahim Dankwambo, who chairs the committee, led lawmakers through the audit concerns presented by officials representing the Auditor-General. The disputed query stemmed from Customs revenue figures recorded in 2017. According to auditors, the ag…

Audit Query: Senate Clears Customs of N62.2bn Audit Infraction * Sets up reconciliation panel to review 76 outstanding others * Says levies collected for other agencies do not belong in Federation Account Sunday Aborisade in Abuja The Senate Public Accounts Committee (SPAC) on Tuesday cleared the Nigeria Customs Service (NCS) of any wrongdoing in relation to an alleged N62.2 billion under-remittance contained in the 2019 Audit Report of the Auditor-General for the Federation. The Senate Panel submitted that the funds in question were levies collected on behalf of other government agencies and were therefore not meant for remittance into the Federation Account. The committee, chaired by Senator Ibrahim Dankwambo, reached the decision after an extensive investigative hearing with the Comptroller-General of Customs, Dr. Bashir Adewale Adeniyi, who appeared before lawmakers to respond to 77 audit queries raised against the service in the 2019 and 2020 audit reports. At the end of the session, lawmakers also resolved to set up a reconciliation committee comprising representatives of the Senate panel, the Auditor-General’s Office and the Customs Service to review and reconcile the…