Connect with us

News

Unremitted revenue: Commission, CSO seek powers to punish defaulting MDAs

Published

on


By Frank Ikpefan, Abuja

The Fiscal Responsibility Commission (FRC) has called for a quick amendment of its Act to allow the punishment of agencies who fail to render their accounts as prescribed by law.


The commission said the immediate amendment of the Fiscal Responsibility Act (FRA) will put an end to deliberate violations by public servants.


On several occasions, the National Assembly had decried the failure of some government agencies to remit revenue generated to the government.

Many federal lawmakers had argued that the country would not need to borrow much if agencies are viable and remitted the desired revenue to the federation account.

The fiscal commission currently has 122 revenue-generating agencies on its list.

Speaking at a press conference organised by Paradigm Leadership Support Initiative (PLSI) in Abuja, the Acting Chairman of FRC, Victor Muruako, said some heads of the revenue-generating agencies find it convenient to violate the law because there are no prescribed punishments in the Fiscal Responsibility Act.

Muruako said if the amendment is passed and assented to by President Muhammadu Buhari, revenue-generating agencies will be compelled to produce the necessary information the commission requires to do its job.

“For instance, the proposed amendment seeks to end the impunity that has previously attended the deliberate violation of critical provisions of the act, especially regarding availing the commission, on request, certain documents/information relating to public revenues and expenditure as provided under Section 2(1) of the act.

“These requests have had previously been disregarded with consequences. There are no punishments provided for offences committed under the act,” Muruako said.

Executive Director of PLSI, Olusegun Elemo, said the outbreak of the COVID-19 pandemic in the country has shown that the government must be prudent in managing the revenues it gets.

While calling on the national assembly to ensure that the needed amendments to the FRC Act are passed, Elemo said funds borrowed by the government must be spent judiciously.

“The COVID-19 pandemic has brought to fore the need to manage revenues more prudently. A large portion of the N13 trillion proposed 2021 budget will be borrowed as said by the minister of finance.

“If we are borrowing that much, it is our responsibility to ensure that whatever we are getting today is managed, efficiently utilised and effectively spent.

“This is an anti-corruption effort on its own, there are many institutions of government that are all fighting corruption together, you cannot talk about anti-corruption without talking about fiscal prudent, accountability and transparency, so part of that transparency effort is that agencies of government must publish regularly their audited financial statement.

“So if you generate revenue for the government you must remit 80 percent of that revenue to the federation account and it is all part of accountability. And I think that is why we all need to support the Amendment process of the Fiscal Responsibility Act,” Elemo said.

The Nation

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

News

Medikal curses blogger spreading false news of him expecting a new child with another woman

Published

on


– Advertisement –


Medikal has gone berserk over blogger Cutie_Julls’ reports that he’s expecting a second child with another woman going to be Fella’ very first stepchild.


Check out the blogger’s post;

Fella Makafui Medikal
Fella Makafui Medikal

Following widespread of this rumour,  Fella Makafui took to Twitter to respond. She found these allegations shocking and funny at the same time.

See what she wrote;

Fella Makafui Medikal
Fella Makafui Medikal

This rumour popped up yesterday and it sent the whole of the Ghanaian social media vista into a state of shock. This gossip has since garnered massive reactions on the internet.

Some netizens after hearing the latest gossip thought it might be one of the gimmicks the couple have resorted to gain the attention on social media, but it’s not.

AMG rapper Medikal has responded with a curse. Out of pain, he has cursed the blogger who is going about spreading this wild but false claims around.

The ‘La Hustle’ song hitmaker, reacting declared that Cutie_Julls will die a painful death for circulating this fake news.

He shared the blogger’s post on his InstaStory and wrote this; “The Blogger Circulating this fake news will die a painful death!”

See post below;

Medikal curses blogger
Medikal curses blogger

Source link

Continue Reading

Entertainment News

Nigerians react to recent video of Prince and Dorathy

Published

on


Former BBNaija Lockdown housemates, Dorathy Bachor and Prince have recently been the topic of discussion after their video surfaced online.



In the viral video, the BBNaija ex-housemates, Prince and Dorathy caught in a lovey-dovey position.

The duo who are usually referred to as ‘PRIDO’ by their fans, graced an event in Abuja last night but made headlines after a video of their sitting position hit the internet. Prince sat with his legs wide open on the sofa as Dorathy sat comfortably in-between his legs.

The video has sparked reactions from social media users who claimed that the photo confirms their relationship.

Reactions below:

Gistreel

Continue Reading

News

Nurse Accused Of Killing Davido’s Uncle Freed By Court

Published

on


Alfred Aderibigbe, the nurse charged with the killing of Davido‘s uncle, Isiaka Adeleke has been freed by the court.

READ ALSO: Ini Edo, Etinosa Idemudia, Zubby Michael, Others React As Jnr Pope Flaunts His Vintage Car For Christmas

Alfred Aderibigbe was sent to court over allegations he had administered overdose drugs to Mr Isiaka Adeleke while he was alive. The case lasted a period of two and a half years in court, and was first arraigned before court on June 8, 2018.


The case was presided by Justice Oyebiyi, and he acquitted and discharged the accused of any wrong doing.


Source: www.Ghgossip.com

Source link

Continue Reading

Popular this week