Reps fume over FG's borrowing habit, agencies hiding revenues

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The House criticises the way the country resorts to borrowing N5.62 trillion to finance deficit in the 2022 budget, while these........

He said if the House discovered that any of the government agencies’ capital projects were unnecessary, they would be removed in a bid to get revenue for the country.

The committee also directed the Nigeria Communication Commission to provide the turnover of amount realised from all network operators from 2018 to 2020. Mr Faleke said this would enable the committee to look at their records and be able to determine if the revenue proposal for 2022 to 2024 would be good for the country.Some of the agencies invited for the 2022 to 2024 MTEF and FSP public hearing are Nigeria Port Authority, Nigeria Communication Commission, Nigeria Copy Right Commission and Nigeria Investment Promotion Commission.

Others are Nigeria Metrology Agency, Nigeria Postal Service, Federal Road Safety Corps, Nigeria Export Promotion Council, Nigeria Communication Satellite Ltd. among others. Mr Emeka Iseogwu, the general manager, Finance, who represented the Director-General of NPA, said the agency was on course in terms of revenue generation.

 

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Continue to fume o

TSA is meant to stop agencies diverting / hiding revenues. TSA is one of touted achievements of MBuhari administration. This is the administration Nigerians are asking to restructure Nigeria. Pathetic!

The country has been taken backwards in every ramification with the bad governance currently in place now

Nah dem go still approve am

Does it rain on one roof alone? No nah, make una stay there dey rubberstamp rubbish, na all of us go suffer am!

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