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NPA Remitted N11.3 Billion 2018 Surplus To Government, Says Bala Usman - Politics - Nairaland

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NPA Remitted N11.3 Billion 2018 Surplus To Government, Says Bala Usman by sophsia62: 4:37am On Dec 05
The Managing Director, Nigerian Ports Authority (NPA), Hadiza Bala Usman, said the Authority had remitted over N11.3 billion being part of the 2018 business operations’ surplus to the Federal Government coffers this year.

Bala Usman, who made this known in a swift reaction to an allegation that NPA failed to remit the sum of N177 billion operating surplus, insisted it had paid the 2017 surplus to the Federation Account, and even paid part of the 2018 surplus already.

Bala Usman, in a statement described the view of the ‘testifier’ as an “allegation without foundation,” having remitted a whopping sum of over N38 billion into the government coffers.


She stated: “With due respect to our distinguished senator, the Authority wishes to state that this allegation is without foundation. The facts of the situation are as follows: “Total revenue generated by the NPA in the Year 2017 stood at N303.9 billion.

“Total expenditure (inclusive of recurrent and capital) amounted to N205.8 billion.

“Of the N303.9 billion generated revenue, the sum of N60.12 billion represents uncollectable revenue from concessionaires attributed to clauses in the concession agreements, which the Authority is currently reviewing.

“Consequently, the operating surplus for the Authority in 2017 was the sum of N38 billion.

“Therefore, the sum of N30.4 billion, which represents 80 per cent of the operating surplus that the Authority is required to remit to the Consolidated Revenue Fund. In line with the Fiscal Responsibility Act 2007, has been duly paid into the Consolidated Revenue Fund by the Authority with receipt of payment already issued by the Office of the Accountant-General of the Federation.

“These computations arise from the Authority’s management account pending the conclusion of the audit of the 2017 financial statement, which is ongoing.

“It is pertinent to also note that the Authority has already remitted the sum of N11.3 billion for 2018 CRF contribution into the Consolidated Revenue Fund with the use of Authority’s management account ahead of auditing for 2018.

“The Authority wishes to state its readiness to present all documents needed to provide clarification to the Senate Committee on Marine Transport and the Senate,” she said further, and appealed to the lawmakers to exercise greater restraint on issues that deal with the integrity of national institutions, in the course of their oversight function.

https://www.akelicious.net/2018/12/npa-remitted-n113-billion-2018-surplus.html

3 Likes

Re: NPA Remitted N11.3 Billion 2018 Surplus To Government, Says Bala Usman by MrSix: 4:43am On Dec 05
Hmmmmm. ..
They've done terrible things, still they keep doing more.



I sell laptops
Contact me for a deal...number in my signature
Re: NPA Remitted N11.3 Billion 2018 Surplus To Government, Says Bala Usman by GoldChest: 4:44am On Dec 05
Money that will still be looted

Useless government.

2 Likes

Re: NPA Remitted N11.3 Billion 2018 Surplus To Government, Says Bala Usman by Pabloosas(m): 6:19am On Dec 05
Kk
Re: NPA Remitted N11.3 Billion 2018 Surplus To Government, Says Bala Usman by Felixalex(m): 6:20am On Dec 05
Good
Re: NPA Remitted N11.3 Billion 2018 Surplus To Government, Says Bala Usman by Worldbest281: 6:21am On Dec 05
nice one aunty hadiza....if na PDP na loot them go loot the money.. PDP OLE!

12 Likes

Re: NPA Remitted N11.3 Billion 2018 Surplus To Government, Says Bala Usman by BruncleZuma: 6:22am On Dec 05
So...we should hold a press conference for doing our statutory duties to remit revenues to the Federal Government? #OnlyForNaija
Re: NPA Remitted N11.3 Billion 2018 Surplus To Government, Says Bala Usman by saracus(f): 6:22am On Dec 05
Only them go thief the money
Re: NPA Remitted N11.3 Billion 2018 Surplus To Government, Says Bala Usman by chriskosherbal(m): 6:26am On Dec 05
Everytime money, everywhere money but the effect is not felt.

Is well ..


God's Judgement is coming one day to enemies of this nation .

2 Likes

Re: NPA Remitted N11.3 Billion 2018 Surplus To Government, Says Bala Usman by CTechHub(m): 6:26am On Dec 05
wow, I hope it doesn't enter d wrong hands
Re: NPA Remitted N11.3 Billion 2018 Surplus To Government, Says Bala Usman by donbrowser(m): 6:29am On Dec 05
Ok
Re: NPA Remitted N11.3 Billion 2018 Surplus To Government, Says Bala Usman by id4sho(m): 6:29am On Dec 05
Armed robbers in Agbada.
Re: NPA Remitted N11.3 Billion 2018 Surplus To Government, Says Bala Usman by yrex01(m): 6:30am On Dec 05
Wehdone ma GOD BLESS NIGERIA
Re: NPA Remitted N11.3 Billion 2018 Surplus To Government, Says Bala Usman by Magalan: 6:33am On Dec 05
No need explaining to us... go and clear yourself with the committee.
Re: NPA Remitted N11.3 Billion 2018 Surplus To Government, Says Bala Usman by daddytime: 6:34am On Dec 05
In the days of the "Unblerra" in (Pay pay's voice), the only time I ever heard of NPA was how Bode George and his likes were playing kill and divide with our commonwealth.

Thieves...

I'd rather a "Jubril from Sudan" whose administration keeps opening our eyes to the possible and huge potentials abounding in our ability to generate income from sources other than Oil. Even if they keep stealing, at least we have an idea how much we can generate with proper management and accountability from the likes of NPA and Customs.

9 Likes

Re: NPA Remitted N11.3 Billion 2018 Surplus To Government, Says Bala Usman by braveboy64(m): 6:34am On Dec 05
God bless Nigeria God bless Buhari

6 Likes

Re: NPA Remitted N11.3 Billion 2018 Surplus To Government, Says Bala Usman by Corrinthians(m): 6:37am On Dec 05
GoldChest:
Money that will still be looted

Useless government.
Still be looted? Nah. You needn't worry about that. Athiefkwu will never be president. So always feel obliged to pay your duties. grin

8 Likes

Re: NPA Remitted N11.3 Billion 2018 Surplus To Government, Says Bala Usman by celeiyke: 6:59am On Dec 05
Just 11.3 billion. Looting continues I don't blame transparency international.
Re: NPA Remitted N11.3 Billion 2018 Surplus To Government, Says Bala Usman by Jahwinaboy(m): 7:04am On Dec 05
Nigeria get money o... None oil sectors raise billions yet we still poor. Evil politicians spit on u for life
Re: NPA Remitted N11.3 Billion 2018 Surplus To Government, Says Bala Usman by TheGreenLand: 7:13am On Dec 05
This is a government that is working and will go continue to work.

Sai Baba is the man for the job...

4 + 4 .........

3 Likes 1 Share

Re: NPA Remitted N11.3 Billion 2018 Surplus To Government, Says Bala Usman by RichDad1(m): 7:21am On Dec 05
A government that works.
Such news has never happened during PDP and it’s gang of yam-eaters 16 years misrule.
Instead , it was looting spree at NPA.
Before pay per post PDP riffraff will come here to rant, ask Mr Tewonde George.

2 Likes

Re: NPA Remitted N11.3 Billion 2018 Surplus To Government, Says Bala Usman by lexy2014: 7:25am On Dec 05
daddytime:
In the days of the "Unblerra" in (Pay pay's voice), the only time I ever heard of NPA was how Bode George and his likes were playing kill and divide with our commonwealth.

Thieves...

I'd rather a "Jubril from Sudan" whose administration keeps opening our eyes to the possible and huge potentials abounding in our ability to generate income from sources other than Oil. Even if they keep stealing, at least we have an idea how much we can generate with proper management and accountability from the likes of NPA and Customs.

What are d huge potentials ur eyes have been opened 2 so far apart from oil?
Re: NPA Remitted N11.3 Billion 2018 Surplus To Government, Says Bala Usman by daddytime: 7:37am On Dec 05
lexy2014:


What are d huge potentials ur eyes have been opened 2 so far apart from oil?

Go check the receipts from the Nigerian customs, FIRS and now NPA.

Don't come online to spill bullocks out of sheer hate when you fail to follow reports/news.

4 Likes

Re: NPA Remitted N11.3 Billion 2018 Surplus To Government, Says Bala Usman by jegz25(m): 7:44am On Dec 05
BruncleZuma:
So...we should hold a press conference for doing our statutory duties to remit revenues to the Federal Government? #OnlyForNaija
before u wouldnt even know what they are generating,spending and remitting.so yeah,kodus to the most transparent government ever

3 Likes

Re: NPA Remitted N11.3 Billion 2018 Surplus To Government, Says Bala Usman by lexy2014: 7:45am On Dec 05
daddytime:


Go check the receipts from the Nigerian customs, FIRS and now NPA.

Don't come online to spill bullocks out of sheer hate when you fail to follow reports/news.
I haven't spilled anything I only asked u a simple question which u seem not 2 have answers to. Also pls try and understand d difference between enquiry & hate.

So NCS, FIRS&NPA are "d huge potentials buhari has opened ur eyes to apart from oil"? Is it that these agencies were just discovered by buhari in 2015 or they weren't in existence b4 2015?

I would assume u have checked d receipts from d NCS, FIRS&NPA. What did u c when u checked?
Re: NPA Remitted N11.3 Billion 2018 Surplus To Government, Says Bala Usman by daddytime: 8:12am On Dec 05
lexy2014:

I haven't spilled anything I only asked u a simple question which u seem not 2 have answers to. Also pls try and understand d difference between enquiry & hate.

So NCS, FIRS&NPA are "d huge potentials buhari has opened ur eyes to apart from oil"? Is it that these agencies were just discovered by buhari in 2015 or they weren't in existence b4 2015?

I would assume u have checked d receipts from d NCS, FIRS&NPA. What did u c when u checked?

Ignored...now run along.

No time for people trying to be smart by half.

When you've checked previous receipts from the aforementioned agencies you acronomicised above, compare and contrast with what has been coming out since the inception of this administration without any bias. Then only should you posit the above questions and we'd go on a civil dissection.

For the records, I am non partisan. I discuss issues as they come up.

1 Like

Re: NPA Remitted N11.3 Billion 2018 Surplus To Government, Says Bala Usman by lexy2014: 8:17am On Dec 05
daddytime:


Ignored...now run along.

No time for people trying to be smart by half.

Ignored...and u replied? But on a lighter note, did u "ignore" cos u are "ignorant"?

Its because u are smarter than me that's y am engaging u so u can shed some light on d issues u raised
Re: NPA Remitted N11.3 Billion 2018 Surplus To Government, Says Bala Usman by lexy2014: 8:21am On Dec 05
daddytime:


Ignored...now run along.

No time for people trying to be smart by half.

When you've checked previous receipts from the aforementioned agencies you acronomicked, compare and contrast with what has been coming out since the inception of this administration without any bias. Then only should you posit the above questions and we'd go on a civil dissection.

For the records, I am non partisan. I discuss issues as they come up.


That's y I said, I assume u have checked d said receipts. What did u c in d receipts?

And I asked u this based on ur first comment:

"So NCS, FIRS&NPA are "d huge potentials buhari has opened ur eyes to apart from oil"? Is it that these agencies were just discovered by buhari in 2015 or they weren't in existence b4 2015?"


U aren't partisan but u can say am hateful just cos I asked u a question. Thumbs up cheesy grin cheesy grin

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