Reps Threaten To Cut Off MDAs Funding

August 19, 2021
The Nigeria Ports Authority (NPA), the Nigeria Customs Service (NCS) and three other agencies have been accused of illegal auction of Federal Government properties. 

THE House of Representatives Committee on Finance has threatened that any Ministries, Department and Agencies (MDA) head that fails to appear before the committee will be sanctioned, while the agency will be blocked from getting government funding.

The committee led by Hon. James Faleke, had at the ongoing public hearing on the 2022-2024 Medium-Term Expenditure Framework and Fiscal Strategy Paper, turned back representatives sent by heads of various MDAs insisting that their chief accounting officers must appear in person.

Join our WhatsApp Channel

Faleke dismissed representatives of the Nigeria Maritime Administration and Safety Agency (NIMASA) and Nigeria Civil Aviation Authority (NCAA), among others.

The Committee Chairman said, “Each time we call for Medium-Term Expenditure Framework (MTEF) consideration, it is expected that we look back to what happened in the last three years before going forward. We don’t need to write this down in black and white because you should know you are coming to defend MTEF, the procedure is very straightforward.

“The only difference in this one is that we are looking at capital. So, it is a standard. For all other agencies, we are saying that we are looking at all the projects as submitted that make up your capital projects the way you submitted it to the budget office. The same way you submitted it, you bring it to us.”

+ posts

Featured Stories

Latest from News

MTN Shareholders, Karl Toriola Lose N581.57bn Within Three Days

FG to Review MTN Group’s Acquisition of IHS Towers Over Sector Impact

The Federal Government has said it will undertake a comprehensive assessment of the reported acquisition of IHS Towers by MTN Group, citing the strategic importance of telecommunications infrastructure to Nigeria’s national security, economic stability and digital growth, Prime Business Africa reports. In
African Countries With The Largest Proven Oil Reserves In 2025

Markets Fall as Iran Signals New Chance for Nuclear Talks

Global shares slipped and oil prices fell on Tuesday after Iran offered a cautiously positive response in nuclear talks with US officials in Geneva, easing tensions that had surged following President Donald Trump’s recent threats. Iranian Foreign Minister Abbas Araghchi said “a
PENCOM
Previous Story

PenCom Evaluates Pension Fund Investment In FG Securities

Babangida, His Memoir, And His Critics
Next Story

NMA Congratulates Babangida As He Turns 80

Don't Miss