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Mr. ‘Deremi Atanda, REMITA’s Managing Director and Chief Government Officer, has revealed that the platform facilitated the technology of N34.311 trillion in income for the Federation Account between 2015 and 2022.
His revelation got here throughout his look earlier than the Home of Representatives Public Account Committee (PAC) in Abuja.
Atanda famous that in 2015, N1.5 trillion was remitted by way of the platform, adopted by N2.8 trillion in 2016, N3.7 trillion in 2017, N4.6 trillion in 2018, N4.6 trillion in 2019, N4.2 trillion in 2020 in the course of the COVID-19 12 months, N6 trillion in 2021, and N6.8 trillion within the 2022 fiscal 12 months, respectively.
He refuted the suggestion that REMITA imposed extra charges past the authorised N150 (equal to 10% on the present trade price) on revenue-generating MDAs.
Extra perception
- The REMITA Managing Director clarified that the REMITA cost gateway platform affords extra know-how companies to the Federation at no further value, regardless of paying in international trade for internet hosting the platform on a cloud-based platform.
- Mr Atanda said that the corporate was enlisted by the CBN as a measure to bolster the federation’s income.
- He additional famous that applicable agreements had been executed, and commonplace working procedures adhered to.
- He elaborated that each the Central Financial institution of Nigeria and the Workplace of the Accountant Common of the Federation have full entry to the platform.
- Moreover, all revenues collected by the 1,137 MDAs utilizing the REMITA platform are immediately accessible to them, with the apex financial institution accessing these funds each day, Atanda revealed.
- In the meantime, the Home of Representatives Public Account Committee (PAC) has maintained its demand for the looks of the Minister of Finance and Coordinating Minister of the Economic system, Mr. Wale Edun, and the CBN Governor, Yemi Cardoso, in regards to the investigation into alleged income leakages via the REMITA platform.
- The PAC chairman Bamidele Salam emphasised the need for Edun and Cardoso to personally seem earlier than the lawmakers.
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