The Comptroller-General of the Nigeria Customs Service, Hameed Ali, appeared before the Senate Committee on Public Accounts on Thursday.
The report stated that the Nigerian Customs Service and Federal Inland Revenue Service violated the Pension Reform Act 2014 which requires them to remit five per cent of their contributory pension to the National Pension Commission .
“These two organizations ought to contribute five per cent monthly wage bill of their employees since their personnel cost does not come out of the normal budget because of the seven per cent and four per cent cost of collection of NCS and FIRS respectively,” he said.*Invite the investment ledgers maintained for the fund.*Sanction the organisation above for not complying with the Pension Reform Act, 2014 in accordance to Section 85 of the Act.
The audited report showed that the Customs remitted N185 billion as against the N157 billion in the chief accountant’s document – a difference of N28 billion. Similarly, Mr Ali blamed the Customs non-remittance on insufficient funds. He said the Customs has been unable to remit the five per cent and since his appointment, the “government” has been supporting the Customs.
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