Legislative AccountabilityObservatory
Home / Probes / LAO-0153

₦3 trillion revenue unremitted by MDAs and government-owned enterprises

Status
No final report
Assembly
Senate
Opened
10 May 2021
Assembly term
9th National Assembly (2019–2023)
Committee
Committee on Finance
Sum at issue
₦3 trillion
Subject
Revenue and remittances
Without a report for
2,011 days

The Senate Committee on Finance, chaired by Senator Solomon Adeola, commenced an investigation into ₦3 trillion in unremitted revenue by various Ministries, Departments, and Agencies (MDAs) between 2014 and 2020. The probe targeted over 60 Government-Owned Enterprises for retaining funds meant for the Consolidated Revenue Fund, in alleged violation of the 1999 Constitution and the Fiscal Responsibility Act of 2007.

What the record shows

  • 10 May 2021
    Probe opened.
  • As of 11 November 2026
    No 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.