TACKLING DIVERSION BY REVENUE GENERATING AGENCIES
The situation at the Department of Petroleum Resources (DPR), as reflected in its recent presentation to the Senate’s Joint Committee on Finance and Planning, represents the corruption, mismanagement and ineptitude in virtually all federal revenue-generating agencies. The DPR, one of the agencies that have failed to remit good money to the Federation Account as expected, was queried by the Senate for sending a meagre N44.5 billion into the Consolidated Revenue Fund out of the N2.4 trillion it generated in 2019. The situation at the DPR is mind-boggling . The agency’s Head of Planning, Mr. Johnson Ajewole, who stood in for his DG, Sarki Auwalu, during the enquiry at the Senate, confirmed the frightening gap between what was realised and what they remitted. The DPR management deducted N88 billion from the N2.4 trillion generated last year as 4 per cent approved collection fee. A monstrous N88 billion as cost of collection in one year? I wonder who approved this. The DPR could not e...