The House of Representatives Public Accounts Committee has directed Remita, a financial technology firm, to refund N182.77 billion to the federal government. The sum was allegedly withheld from the Treasury Single Account (TSA) since 2015. The directive was issued on Wednesday during a committee meeting in Abuja, following the submission of a forensic audit report by consulting firm Seyi Katola & Company (Chartered Accountants), which uncovered significant discrepancies in revenue remittances. Remita, owned by financial services company SystemSpecs, is the online platform through which federal government agencies remit revenue into the TSA. In November 2023, the House launched an investigation into suspected revenue leakages through the platform. Chairman of the committee, Bamidele Salam, said the decision was reached based on evidence presented by the forensic auditors and documents submitted by Remita and other stakeholders in the TSA ecosystem. Adewale...
Manchester City manager Pep Guardiola has dismissed Fabio Capello’s criticism that he is “arrogant,” instead asserting that City’s dominance under his leadership has forced the Premier League to improve. Capello, the former England, AC Milan, and Real Madrid manager, told Spanish newspaper El Mundo this week that Guardiola’s “arrogance has cost him several Champions League titles.” The 78-year-old Italian also claimed Guardiola was “way too arrogant and presumptuous” because he wanted to prove his tactics were the key to City’s success. Capello further accused the Spaniard of “ruining” Italian football, arguing that many managers tried to imitate his possession-based style without having players of the required quality. In response, Guardiola defended his record, having guided City to six Premier League titles and last season’s historic Champions League triumph. He also suggested that his influence has raised the level of competition across English footb...
Ukraine on Tuesday morning, March 11 said it shot down a Russian ballistic Iskander-M missile and 79 of the drones, while another 35 drones did not reach their targets, likely due to electronic warfare countermeasures. Ukrainian officials revealed that Russian forces attacked the country with a ballistic missile and 126 drones, setting a fuel storage facility on fire and injuring no fewer than two people in different parts of the country. According to the emergency services, in the southern region of Odesa, the attack set on fire a fuel storage facility, a private home and a storage site for children’s toys, and more than 100 people were working to deal with the strikes. Regional governor, Oleh Syniehubov and local prosecutors said a drone attack in northeastern Kharkiv region injured one person and also damaged agricultural storage facilities. The air force did not say what happened to the 12 drones that were not shot down. T...