The query was sent by the office of the auditor-general of the federation to the Senate committee.
The auditor-general wrote in the query that while the FIRS recorded $21.3 billion as the amount collected as foreign tax in 2015 from the CBN, the apex bank on the other hand recorded it as $18 billion.
But the representative of the bank, its deputy governor (Corporate Affairs), Edward Adamu, explained that the differences in the figures were due to the changes in exchange rate.
“The $3.3 billion is neither missing nor unremitted, but the difference is due to variations of exchange rate during time,” he explained.
But the committee disputed this.
The chairman of the committee, Mathew Urhoghide (PDP, Edo), mandated the bank to reappear before the panel next Monday with documents detailing the said variations in exchange rate.
After the session, Mr Urhoghide explained to reporters that: “While the record of FIRS showed $21.3 billion, the records of the apex bank showed $18 billion.”
He added that: “When CBN was asked about why the differences in the amount, the apex bank hinged its argument on exchange rate, upon which officials of the bank are directed to come up with supporting documents if they have.
“There were 13 queries raised concerning CBN. Today, they have explained some while some are yet to be sufficiently explained, particularly the $3.3 billion difference it has from the $21.3 billion foreign taxes remitted by FIRS.”
Meanwhile, officials of the Nigerian Army, the Police and the Economic and Financial Crimes Commission (EFCC) have been summoned by the committee to appear before it next Tuesday over alleged unaudited accounts for several years.
Posts
Thank you for reaching out to us. We are happy to receive your opinion and request. If you need advert or sponsored post, We’re excited you’re considering advertising or sponsoring a post on our blog. Your support is what keeps us going. With the current trend, it’s very obvious content marketing is the way to go. Banner advertising and trying to get customers through Google Adwords may get you customers but it has been proven beyond doubt that Content Marketing has more lasting benefits.
We offer majorly two types of advertising:
1. Sponsored Posts: If you are really interested in publishing a sponsored post or a press release, video content, advertorial or any other kind of sponsored post, then you are at the right place.
WHAT KIND OF SPONSORED POSTS DO WE ACCEPT?
Generally, a sponsored post can be any of the following:
Press release
Advertorial
Video content
Article
Interview
This kind of post is usually written to promote you or your business. However, we do prefer posts that naturally flow with the site’s general content. This means we can also promote artists, songs, cosmetic products and things that you love of all products or services.
DURATION & BONUSES
Every sponsored article will remain live on the site as long as this website exists. The duration is indefinite! Again, we will share your post on our social media channels and our email subscribers too will get to read your article. You’re exposing your article to our: Twitter followers, Facebook fans and other social networks.
We will also try as much as possible to optimize your post for search engines as well.
Submission of Materials : Sponsored post should be well written in English language and all materials must be delivered via electronic medium. All sponsored posts must be delivered via electronic version, either on disk or e-mail on Microsoft Word unless otherwise noted.
PRICING
The price largely depends on if you’re writing the content or we’re to do that. But if your are writing the content, it is $60 per article.
2. Banner Advertising: We also offer banner advertising in various sizes and of course, our prices are flexible. you may choose to for the weekly rate or simply buy your desired number of impressions.
Technical Details And Pricing
Banner Size 300 X 250 pixels : Appears on the home page and below all pages on the site.
Banner Size 728 X 90 pixels: Appears on the top right Corner of the homepage and all pages on the site.
Large rectangle Banner Size (336x280) : Appears on the home page and below all pages on the site.
Small square (200x200) : Appears on the right side of the home page and all pages on the site.
Half page (300x600) : Appears on the right side of the home page and all pages on the site.
Portrait (300x1050) : Appears on the right side of the home page and all pages on the site.
Billboard (970x250) : Appears on the home page.
Submission of Materials : Banner ads can be in jpeg, jpg and gif format. All materials must be deliverd via electronic medium. All ads must be delivered via electronic version, either on disk or e-mail in the ordered pixel dimensions unless otherwise noted.
For advertising offers, send an email with your name,company, website, country and advert or sponsored post you want to appear on our website to omodjk(at)gmail(dot)com
Normally, we should respond within 48 hours.