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.
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.”
In its quest to prioritize electricity supply to local customers, the Nigerian Electricity Regulatory Commission… Read More
Cancer is a disease that starts when cells in our body grow out of control.… Read More
Despite steady rise in cost of fuel over the years, Nigerians have continued to buy… Read More
You grew up with dwarfism and no doubt people look at you peculiarly and even… Read More
Senator Godswill Akpabio visited Uyo last weekend on his way to Ikot Ekpene to attend… Read More
The recent increase in the exchange rate for customs duty collection to N1,441.53 to the… Read More
This website uses cookies.