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Over 30 Nigerian Ministries, Agencies Caught In N14.33billion Tax Fraud Under Ex-President Buhari

  • November 30, 2024
  • 1 min read
Over 30 Nigerian Ministries, Agencies Caught In N14.33billion Tax Fraud Under Ex-President Buhari
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A report from the Office of the Auditor-General of the Federation (OAuGF) has exposed widespread tax irregularities across more than 30 Nigerian Ministries, Departments, and Agencies (MDAs).

The audit report, which covers the period between 2020 and 2021, reveals a staggering N14.33 billion in tax fraud.

The report identifies six MDAs responsible for N129.34 million in under-deduction of taxes. The Federal Road Safety Corps, Abuja, tops the list with an under-deduction of N90.57 million, while the Federal Ministry of Labour and Employment, Abuja, records the smallest shortfall of N623,162.80.

A more alarming finding is the non-deduction of taxes, which amounts to N2.64 billion across 21 MDAs. The Nigerian Security Printing and Minting Company Plc, Abuja, leads the defaulting agencies with a discrepancy of N1.01 billion.

Other agencies implicated in the tax fraud scandal include:

  • Federal Polytechnic Bida , Niger State
  • Nigerian Security Printing and Minting Company Plc, Abuja
  • National Water Resources Institute, Kaduna
  • Council for the Regulation of Freight Forwarding in Nigeria

The report’s findings highlight serious lapses in tax deductions, remittances, and compliance with financial regulations. 

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