The House of Representatives on Wednesday raised the alarm over the Remita platform through which the Treasury Single Account of the Federal Government is operated.

Through a motion by Jeremiah Umaru (APC; Akwanga/Nasarawa Egon/Wamba), the lower chamber said trillions of naira had been passed through the Remita platform and that the funds were unaccounted for due to the proliferation of sub-accounts by the Central Bank of Nigeria (CBN).
The house is worried that if this is not addressed, the country will continue to lose revenue.

