Reps Committee Recovers ₦521m Unremitted VAT From CBN

Naijaonpoint_ng | 08-06-2026 11:26am |

The House of Representatives Public Accounts Committee (PAC) has successfully recovered ₦521,765,134.17 in unremitted Value Added Tax (VAT) from the Central Bank of Nigeria (CBN). This recovery is part of the National Assembly's broader initiative to address revenue leakages and enhance accountability in the management of public finances. The funds were retrieved following a thorough investigation conducted by the committee, underscoring its commitment to ensuring proper financial governance.

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