Missing N5bn not stolen from taxpayers' money

Missing N5bn not stolen from taxpayers' money - FIRS

- The EFCC is investigating N5 billion fraud in the Federal Inland Revenue Service

- According to the FIRS, the N5 billion under investigation is not taxpayers' money

- Some staff of the service have reportedly confessed to the fraud

- EFCC sources disclosed that the staff were used to clear the fund from the agency and a percentage of the money given them as payment

The Federal Inland Revenue Service (FIRS) in Abuja on Wednesday, May 8, said that the N5 billion fraud being investigated by Economic and Financial Crimes Commission (EFCC) was stolen from the operational/travel funds of its expenditure budget and not from taxpayers’ money.

Babatunde Fowler, the FIRS chairman, in a press release said “no taxpayers’ money is missing in the Federal Inland Revenue Service”, Nigerian Tribune reports.

It should be noted that at least nine top officials of the agency have been under the EFCC investigation in the past few months for allegedly receiving at least N5 billion as travel allowance for a bogus trip.

Peter Hena, the head of the Coordinator Support Services Group, who authorised the payment, left the country for health reasons.

Sources in the anti-graft agency claimed some staff of FIRS already confessed that though they did not travel, they just found huge amounts of money in their account, and were asked to remit the money to a particular account and keep a percentage.

A part of the press release read: “We have a relationship with the Economic and Financial Crimes Commission, EFCC. We have a partnership; through which we combat evasion of taxes. People don’t want to get into trouble with EFCC. So, they pay on time.

“On the DTA (Duty Tour Allowance), it claimed that some staff applied for and were granted, allowances to travel for official trips.

“Some are alleged not to have travelled for the number of days, for which they were slated. The EFCC is looking into that.

“Sometimes, it is good to have a third party investigate matters like this instead of having a staff investigate another staff. An investigation by a third party is more objective. FIRS has since taken steps to remediate this.

“The EFCC will soon complete its investigation. Anybody found guilty will be dealt with through our administrative process.”

The FIRS boss said that the agency would continue to give access to agencies with statutory rights and all those who seek information on the operations of the Service.

“Invitations of officials of the Service by EFCC, the Police, SSS and ICPC to shed light financial transactions and operations of the Service, in the past, are not uncommon and are continuous,” he said.

Meanwhile, Legit.ng previously reported that Fowler said that Value Added Tax (VAT) is a consumption tax designed to support the poor and not to create hardship for them.

FIRS spokesman, Wahab Gbadamosi, said on Tuesday, March 26, in a statement that Fowler made the clarification in Lagos at the maiden Nigeria Tax Outlook (NTO) Stakeholders Roundtable Series organised by Nigeria Taxpayer Hub.

NAIJ.com (naija.ng) -> Legit.ng. We have upgraded to serve you better

I Quit My Accounting Job to Start Making Shoes | Legit TV

Source: Legit.ng

from Legit.ng: Latest Nigeria News Today & Breaking Naija News 24/7 http://bit.ly/2YhsFmU
via EDUPEDIA24/7

These funny food quotes will make you laugh like crazy

Food is not only an essential part of the daily routine but also the most exciting one. We cannot imagine our life without something yummy. How do you make ordinary eating fun and unforgettable? We bring to your attention amazing food quotes which will definitely make you smile. Image: unsplash.com (modified by author) Source: UGC Are you looking for interesting ideas to entertain your interlocutor while having lunch at work or family dinner? Then this article is definitely for you! Good food quotes Below are food quotes, aphorisms and witty statements. This is an exciting and extraordinary collection of the top "pearls of wisdom" on this topic. Here you can find funny jokes and sayings, intelligent thoughts of philosophers and original words of great thinkers and inspiring statuses from social networks, as well as many other things. The best appetite comes without food. I love calories. They are dаmn tasty. An empty stomach is the Devil's playground. Have bre

The Transitional Phase of African Poetry

The Transitional Phase The second phase, which we have chosen to call transitional, is represented by the poetry of writers like Abioseh Nicol, Gabriel Okara, Kwesi Brew, Dennis Brutus, Lenrie Peters and Joseph Kariuki. This is poetry which is written by people we normally refer to as modem and who may be thought of as belonging to the third phase. The characteristics of this poetry are its competent and articulate use of the received European language, its unforced grasp of Africa’s physical, cultural and socio-political environment and often its lyricism. To distinguish this type of poetry we have to refer back to the concept of appropriation we introduced earlier. At the simplest and basic level, the cultural mandate of possessing a people’s piece of the earth involves a mental and emotional homecoming within the physical environment. Poems like Brew’s ‘‘Dry season”, Okara’s “Call of the River Nun”, Nicol’s “The meaning of Africa” and Soyinka’s “Season”, to give a few examples,

The pioneering phase of African Poetry

The pioneering phase We have called the first phase that of the pioneers. But since the phrase “pioneer poets” has often been used of writers of English expression like Osadebay, Casely-Hayford and Dei-Anag, we should point out that our “pioneer phase” also includes Negritude poets of French expression. The poetry of this phase is that of writers in “exile” keenly aware of being colonials, whose identity was under siege. It is a poetry of protest against exploitation and racial discrimination, of agitation for political independence, of nostalgic evocation of Africa’s past and visions of her future. However, although these were themes common to poets of both English and French expression, the obvious differences between the Francophone poets and the Anglophone writers of the 1930s and 1940s have been generally noted. Because of the intensity with which they felt their physical exile from Africa, coupled with their exposure to the experimental contemporary modes of writing in F

EDUPEDIA247

Search This Blog