NewsNigeriaPoliticsHouse of Representatives Worries Over Missing N43 Billion Revenue

The House of Representatives had threatened to issue a warrant of arrest against the Managing Director of Nigerian Airspace Management Agency (NAMA), Mohammed Odunowo, next Monday, over missing N43 billion revenue.

The revenue was accrued from sales of both local and international air tickets between 2021 and 2022.

The threat followed the refusal to honor the two invitations sent to the NAMA Boss by the Committee.

Chairman, House Committee on Finance, Hon. Abiodun James Faleke, issued the threat notice during the resumed hearing in Abuja and frowned at the level of disrespect for the Parliament.

“When we did the calculation, I recall that we recorded a deficit of about N43 billion. And of course, the NCAA said they do not agree with the number provided by FAAN. The data whatever, that it couldn’t have been up to that.

“And FAAN said that this was not generated by them but generated by NAMA. And there’s a record – the ADR 16 that generates that. So, we asked them to come back with NAMA and with specific data from ADR 16.

“And today, we have NCAA before us. Unfortunately, NAMA is not here. I don’t know why, this is the second time, the next time we are going to issue a warrant of arrest on NAMA. If he fails to appear before us on Monday, we will issue a warrant of arrest on the NAMA boss,” Faleke said.

The Committee asked the Central Bank of Nigeria (CBN) and the Accountant General of the Federation to provide details of all the accounts being operated by the Nigerian Airspace Management Agency (NAMA).

Hassan Umar Shallpella (Regional Correspondent)
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