From Juliana Taiwo-Obalonye, Abuja

Nigerian National Petroleum Corporation (NNPC), Nigerian Ports Authority (NPA) and the Nigerian Maritime Administration and Safety Agency (NIMASA) among other revenue generating agencies are currently being investigated for remitting naira equivalent of what they generated in foreign currency.
The affected revenue generating agencies are alleged to be generating money in United States dollars but remitting same into the Federation Account in naira.
This is even as the state governors have again cried to the Federal Government over their inability to pay workers salaries following the continuous dwindling revenue.
The Cross River State Governor, Prof. Ben Ayade, disclosed this to State House correspondents at the end of the fifth National Economic Council (INEC) meeting presided over by Vice President Yemi Osinbajo inside the Presidential Villa, Abuja.
Ayade who briefed the media alongside Governor Olusegun Mimiko of Ondo State; Governor Aminu Tambuwal of Sokoto State and Governor Darius Ishaku of Taraba State, said the Central Bank of Nigeria (CBN), was saddled with the responsibility of probing the agencies.
“A brief report of Federal Government of Nigeria dollar generating revenue agencies remitting in naira into the Federation Account was also given by the CBN governor. He said investigations are ongoing. Such agencies include but not limited to NNPC, NIMASA and NPA,” Ayade said.

Source: http://sunnewsonline.com/new/fg-probes-nnpc-npa-others-for-remitting-dollar-revenue-in-naira/

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How does FG want these agencies to remit in dollars since they have banned dollar deposits.

But when you got inflow into your dollar account, they pay you the naira equivalent upon withdrawal. Now its investigating them for paying the naira equivalent.

I just know that that monetary policy won't last to 2016. Its pulling back businesses.

Probably PMB wants to make sure he fulfill his campaign promise to make $1eaqual to 1 naira. Its doesn't work like that. There are factors and indices that will make the naira appreciate against the dollar and not with this method.

Probing administration