{"id":352285,"date":"2025-01-14T06:53:43","date_gmt":"2025-01-14T05:53:43","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=352285"},"modified":"2025-01-14T06:53:43","modified_gmt":"2025-01-14T05:53:43","slug":"missing-n4trn-national-assembly-to-investigate-revenue-shortfall","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2025\/01\/14\/missing-n4trn-national-assembly-to-investigate-revenue-shortfall\/","title":{"rendered":"Missing N4trn: National Assembly to investigate revenue shortfall"},"content":{"rendered":"<ul>\n<li><strong> The hearing will enable the Senate and House of Representatives committees to draw up an accurate and realistic revenue projections for 2025<\/strong>.<\/li>\n<\/ul>\n<hr \/>\n<p>A special committee has been constituted by the <a href=\"https:\/\/www.withinnigeria.com\/news\/2025\/01\/07\/nass-wont-rush-2025-budget-passage-senator\/\">national assembly<\/a> to look into the revenue shortfall occasioned by arbitrary waivers by government agencies.<\/p>\n<p>The special committee, which was set up by the Joint Committee on Finance, will probe a shortfall of over N4 trillion in revenue.<\/p>\n<p>The development is sequel to a motion moved by Senator Adamu Aliero during a hearing to examine the revenue profiles of ministries, departments, and agencies and government-owned enterprises ahead of the 2025 budget.<\/p>\n<p>The hearing will enable the Senate and House of Representatives committees to draw up an accurate and realistic revenue projections for 2025.<\/p>\n<p>This joint committee is co-chaired by Senator Sani Musa and Hon James Faleke.<\/p>\n<p>Moving the motion, Aliero said: \u201cDue to the issue of waivers, there is a serious shortfall between what is supposed to be collected as revenue and what is actually collected.<\/p>\n<p>\u201cFrom our records, over N5.9 trillion was supposed to be in the consolidated revenue fund of the federation, but we only have N1.9 trillion. We need to set up a special committee that will investigate this serious anomaly.<\/p>\n<p>\u201cWe cannot continue to allow revenue agencies to spend money without the National Assembly. If someone is given a waiver, we have to find out who gave that waiver.<\/p>\n<p>\u201cA shortfall of over N4 trillion is not a small amount. We found out that over N4.9 trillion has not been remitted. We should set up an investigative committee that would investigate all the money that has not been remitted.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The hearing will enable the Senate and House of Representatives committees to draw up an accurate and realistic revenue projections for 2025. A special committee has been constituted by the national assembly to look into the revenue shortfall occasioned by arbitrary waivers by government agencies. The special committee, which was set up by the Joint [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":295059,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"2","single_blog_custom":"211693","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"0","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"1","post_reading_time_wpm":"300","show_zoom_button":"1","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"0","show_prev_next_post":"0","show_popup_post":"0","number_popup_post":"1","show_author_box":"0","show_post_related":"0","show_inline_post_related":"1"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored by","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo_enable":"0","sponsored_post_logo":"","sponsored_post_desc":"","disable_ad":"0"},"jnews_primary_category":{"id":"","hide":""},"jnews_override_bookmark_settings":{"override_bookmark_button":"0","override_show_bookmark_button":"0"},"jnews_override_counter":{"override_view_counter":"0","view_counter_number":"0","override_share_counter":"0","share_counter_number":"0","override_like_counter":"0","like_counter_number":"0","override_dislike_counter":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[3],"tags":[7506,9401,1747,5371],"class_list":["post-352285","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-local","tag-committee","tag-lawmakers","tag-nass","tag-revenue"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Missing N4trn: National Assembly to investigate revenue shortfall<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.withinnigeria.com\/news\/2025\/01\/14\/missing-n4trn-national-assembly-to-investigate-revenue-shortfall\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Missing N4trn: National Assembly to investigate revenue shortfall\" \/>\n<meta property=\"og:description\" content=\"The hearing will enable the Senate and House of Representatives committees to draw up an accurate and realistic revenue projections for 2025. A special\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.withinnigeria.com\/news\/2025\/01\/14\/missing-n4trn-national-assembly-to-investigate-revenue-shortfall\/\" \/>\n<meta property=\"og:site_name\" content=\"NEWS PICKS \u2014 WITHIN NIGERIA\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/facebook.com\/withinnigeria\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-14T05:53:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2023\/10\/House-of-Reps.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Afolabi Hakim\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Afolabihakim\" \/>\n<meta name=\"twitter:site\" content=\"@withinnigeria\" 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