On Wednesday, the House of Representatives expressed concern over the Remita platform, which manages the Federal Government’s Treasury Single Account.
The lower chamber declared trillions of naira had been transferred through the Remita platform and that the monies were unaccounted for due to the Central Bank of Nigeria’s (CBN) proliferation of sub-accounts through a motion by Jeremiah Umaru (APC; Akwanga/Nasarawa Egon/Wamba).
The house is worried that if this is not addressed, the country will continue to lose revenue.
DStv, GOtv Subscription Fees
In a related development, the Green Chamber urged the Federal Ministry of Communication and Digital Economy to intervene in, halt and reverse the increase in the DStv/GOtv tariffs by the MultiChoice Group.
The House, through a motion by Umar Ajilo, noted the prevailing economic hardship resulting from factors, political to economic, that have made life unbearable for the common man, with far-reaching effects that have yet to be addressed.
Lawmakers are worried that the exorbitant increase would further exacerbate the sufferings of Nigerians, given the increasing pressure on household budgets, the rising cost of basic living essentials, income stagnation, and other factors.