Status
No final report
Assembly
Senate
Opened
10 December 2019
Assembly term
9th National Assembly (2019–2023)
Committee
Committee on Finance
Sum at issue
₦20 trillion
Subject
Revenue and remittances
Without a report for
2,528 days
On a motion by Senator Ayo Akinyelure (PDP, Ondo Central), the Senate mandated its Committee on Finance, chaired by Senator Solomon Olamilekan Adeola, to investigate the alleged non-remittance into the Federation Account of over ₦20 trillion in stamp duties collected by banks and financial institutions since a CBN circular of January 2016 directed a ₦50 charge on eligible deposits.
CBN
What the record shows
- 10 December 2019Probe opened.
- As of 11 November 2026No final report of this probe has been found on the public record.
Opened more than 120 days ago, and no final report of the committee has been found on the public record. Interim reports and hearings are shown where known. Know of a report, hearing or outcome missing here? Send a correction.