Reps place NSITF on special probe

The House of Representatives Committee on Finance has placed the National Social Insurance Trust Fund (NSITF ) on special probe scrutinising its documents from 2018 till date.

Rep. James Faleke, the chairman of the committee said this at the ongoing probe of revenue leakages in government Ministries, Departments and Agencies (MDAs) in Abuja on Tuesday.

Faleke said the committee noticed discrepancies in the submissions by NSITF and resolved to place it on status enquiry.

‘In view of the various submissions available to us as a committee and the discrepancy noticeable in all of your submissions, I hereby move that a status enquiry be set to know the workings of your agency.

‘The status inquiry is from 2018 to date, which means NSITF should get a comprehensive analysis of all its records.

‘We are coming and can request for any documents anytime and we would not be giving you notice. Reconcile all your records,’ he said

The Managing Director of NSITF, Mrs Maureen Allagoa, who appeared before the committee,
delegated the responsibility to make their submission to the Director, Finance and Administration, Mr Adedeji Adegoke.

Source: News Agency of Nigeria