The Federal Government is set to recover about four hundred and fifty billion Naira operating surpluses that were not returned by thirty three agencies from twenty-ten to twenty-fifteen.
The Minister of Finance, Kemi Adeosun, made the announcement in Abuja at a news briefing.
She said an audit had been carried out on the agencies in compliance with the Fiscal Responsibility Act FRA, twenty-zero-seven.
The minister said a recovery committee headed by the Accountant General of the Federation had been set up to recover the money from the agencies.
Adeosun, noted, however, that some of the agencies had started returning various sums, saying six hundred and forty million naira had been received from the Nigeria Shippers Council.