Finance

NIS Remits N11.68bn, $22,972 To FG In 8 Months

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  • NIS Remits N11.68bn, $22,972 To FG In 8 Months

The Nigeria Immigration Service (NIS) has remitted over N11.68 billion and $22,972 to the Federal Government in eight months (January to August 2019).

This was disclosed by the NIS boss, Muhammad Babandede at the Comptroller General’s annual workshop tagged “Migration Management in a Developing Economy: The Role of NIS.”

He said: “In 2018, we remitted the sum of N6,945,585,360 and $36,909,411 to FGN as its shares of the revenue we generated through Public-Private Partnership (PPP) projects.

“This year, from January 1st to August 31st, we lodged the sum of N11,682,009,761 and $22,972.38 into the coffers.

“Every immigration officer, serving and retired, strongly believes that a review of some of the PPPs will double or even triple revenue at a time we are running a deficit budget. “I must not be quoted out of context.

“I am a strong believer of PPP because it leverages resources and enhances efficiency, but not some of the PPPs we operate that exploit our resources and add little value to our work,” he said.

He noted that NIS was not only a key security agency of government but a service provider and a revenue-generating agency.

According to the CG,  the annual conference is a strategic event that allows the agency to reflect on its activities and also chart a new path and evaluate strategies, policies and programmes.

“The annual conference has continued to support the service achieve far-reaching successes, enhance our operations and boost the confidence of the general public and international reunion as members of the NIS family,” he said.

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