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News

FIRS denies giving Osinbajo ninety billion naira, seeks legal actions against Timi Frank

written by Dada Oluwabamise September 24, 2019

 

The Federal Inland Revenue Service, FIRS, has denied claims by a Former Deputy NationalPublicity Secretary of the All Progressives Congress (APC), Comrade Timi Frank that the agency gave Vice President Yemi Osinbajo ninety billion naira to prosecute the last general elections
in favour of the APC.

Frank had claimed that the ongoing travails of Vice President Yemi Osinbajo was allegedly due
to mismanagement of the said fund and has nothing to do with 2023 politics.
In a statement, the FIRS however urged Nigerians to ignore Frank’s report, saying that it did
not spend and could not have spent taxpayers’ money for political ends. FIRS’ director of
information, Wahab Gbadamosi, said that the service’s annual allocation is not even up to the
said amount.

He added that the agency’s operations are subjected to scrutiny and close monitoring by the
National Assembly, the Federation Accounts Allocation Committee and the Ministry of
Finance. Gbadamosi said every kobo paid by taxpayers goes straight to the Federation
Account domiciled at the Central Bank of Nigeria and that the FIRS does not possess the
constitutional right to touch the said account or appropriate any kobo thereto itself.

 

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