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NAFDAC, NERC, NIGCOMSAT, others opt for self-funding Published 29 April 2021 Some government agencies on Wednesday opted out of funding from the federal budget and refunded millions of revenues due to the Consolidated Revenue of the Federation. They took the decision at the ongoing investigation by the Senate Committee Finance on remittances of internally generated revenues by ministries, departments and agencies of government. The panel is probing the MDAs compliance to the payment of one per cent Stamp Duties on all federal contracts. The affected agencies told the Senator Solomon Adeola-led finance committee that they had agreed to willingly opt out of federal budget.

Abimbola alaleSanusi garbaMoji adeyeyeSenate committeeDrugs administrationNigeria communication satelliteNational agency for foodFiscal responsibility commissionNigeria electricity regulatory commissionRevenue of the federationConsolidated revenueSenate committee financeStamp dutiesSenator solomon adeola ledNational agencyNigeria communication satellite limited