He said the commission had already designed a template and would liaise with all relevant agencies to deduct from the source, from defaulting agencies which would be enabled by the Treasury Single Account.
He listed the defaulting agencies as the Administrative Staff of College of Nigeria, the Bank of Agriculture, the Bank of Industry, the Cement Technology Institute of Nigeria, the Centre for Black African Arts and Civilization, the Chad Basin National Park, the Federal Radio Corporation of Nigeria, the Gashaka Gumti National Park, the Gurara Water Management Authority, the Hadejia-Jama’are River the Basin Development Authority, the Integrated Water Resources Development Agency, the Kainji Lake National Park, the National Broadcasting Commission.
Punch Newspapers
Sections
Published 19 May 2021
The Fiscal Responsibility Commission has said ministries, departments and agencies of the Federal Government are withholding about N1.2trn.
The commission said this is according to audit reports of some MDAs and unaudited accounts of others.
The FRC also said MDAs have remitted operating surpluses of about N2.15tn since inception.
The commission, however, listed 32 MDAs that have yet to present their audit reports to it since since 2007 when it was established.
The Executive Chairman, Fiscal Responsibility Commission, Mr Victor Muruako, stated this at a press conference held at the National Assembly in Abuja on Wednesday.
MDAs failed to account for N1.2trn –FRC The Punch
Published 19 May 2021
The Fiscal Responsibility Commission has said ministries, departments and agencies of the Federal Government are withholding about N1.2trn.
The commission said this is according to audit reports of some MDAs and unaudited accounts of others.
The FRC also said MDAs have remitted operating surpluses of about N2.15tn since inception.
The commission, however, listed 32 MDAs that have yet to present their audit reports to it since since 2007 when it was established.
The Executive Chairman, Fiscal Responsibility Commission, Mr Victor Muruako, stated this at a press conference held at the National Assembly in Abuja on Wednesday.