36 Governors, EFCC, ICPC, FIRS, CBN To Meet NFIU On Tuesday Over State Security Votes Management

The Nigeria Financial Intelligence Unit, NFIU, will on Tuesday meet with the 36 state governors of the Nigerian Governors' Forum, to addressing and harness issues concerning the spending of the states’ security votes, so as to establish a better way of managing the funds.

Apr 3, 2023 - 12:33
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36 Governors, EFCC, ICPC, FIRS, CBN To Meet NFIU On Tuesday Over State Security Votes Management
The Nigeria Financial Intelligence Unit, NFIU, will on Tuesday meet with the 36 state governors of the Nigerian Governors' Forum, to addressing and harness issues concerning the spending of the states’ security votes, so as to establish a better way of managing the funds.
The NFIU, in its invitation letter to the governors, on 30 March, 2023, and signed by the NFIU Director, Modibbo Hamman Tukur to the Chairman of the NGF, also invited the Economic and Financial Crimes Commission, EFCC, the Independent Corrupt Practices and other related offences Commission, ICPC, the Federal Inland Revenue Service, FIRS and the Central Bank of Nigeria, CBN.
The Diector, Media and Public Affairs, Nigeria Governors' Forum Secretariat, Abdulrazaque Bello-Barkindo, in a statement on Sunday, said the letter aside from the facilities for national financial inclusion, it would also going to put on the table the uniform development and cooperation on the national addressing and post code project, which would put Nigeria on the same pedestal as all advanced countries across the globe.
According to him, the meeting is a plastform to agree on a consensus in harmonizing and updating the national tax collection and business entry standards, stressing that it was a requirements to help respond to the FATF and the EU grey listing in which Nigeria appeared.
According to him, the governors of the 36 states of the federation were invited for a meeting with all the economic and financial agencies in the country, with a view to ironing out thorny issues surrounding their states’ security votes, towards establishing a better option of managing the funds.
The Director General of the Nigeria Governors’ Forum, Mr. Asishana Bayo Okauru, in a letter to the governors, explained that meeting was going to take place on Tuesday April 4, adding that the meeting would be virtual, to ensure full attendance by all the relevant officers in the matter.
"Furthermore, the meeting will also consider deepening the management and expansion of the cashless policy which took effect from the time of the redesigning of the national currency, the Nigerian Naira, last year, to further the financial inclusion of all citizens in the ensuing scheme of things, going forward.
"All Governors are advised to prioritize the meeting as its contents had been discussed at the NGF emergency meeting of Thursday 30th March, where it was unanimously agreed that a meeting with the afore-mentioned agencies was imperative." The statement said.
 

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