The Federal Inland Revenue Service, FIRS, have de ie giving vice president Yemi Osinbajo N90 billion which is said to have been used to fund the 2019 campaign of the All Progressives Congress, APC.
Abformer deputy national publicity secretary of the APC, Timi Frank had alleged that the sum was given to Osinabjo by FIRS.
In a statement denying the allegation, Wahab Gbadamosi, FIRS director of information, revealed that the sum is even more than the amount the service gets as annual allocation.
“The entire allegation being spread by one Frank Timi that the Federal lnland Revenue Service spent N90 billion to fund the last election is mendacious, wicked, malicious and a calculated attempt to smear the image of the Service and that of his Excellency, the Vice President, Prof. Yemi Osinbajo,” the statement read.
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“In the last four years since Mr Tunde Fowler has supervised operations at the FIRS, the agency had not received up to N90 billion, per annum, as Cost of Collection from the Federation Accounts Allocation Committee, FAAC. Mr. Frank and his band of liars might wish to cross-check this from FAAC, a public institution, whose records are open to the public.
“It is from the remittances from FAAC—which had never grossed up to N100 billion, PER ANNUM, that FIRS pays the salary and emoluments and trains it’s over 8,000 staff, runs over 150 offices and provides for other needs of the Service.
“Given the above, IT IS NOT PLAUSIBLE nor DOES IT MAKE ANY SENSE that FIRS will commit its resources to a phantom campaign of N90 billion as suggested by Mr Timi Frank and FIRS does not fund political associations.
The agency is subject to the eagle eye scrutiny, supervision and close monitoring by the National Assembly, the Federation Account Allocation Committee and the Ministry of Finance through the Office of the Accountant General of the Federation, OAGF”
FIRS also accused Timi Frank of seeking cheap popularity with the allegation he’s peddling.
