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.
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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.
By Udora Orizu
The Fiscal Responsibility Commission (FRC) has accused about 32 government agencies of failing to remit their 80 per cent operating surplus to the Consolidated Revenue Fund (CRF), thereby hindering accurate determination of operating surplus liabilities and diminishing accountability and transparency in handling government revenue.
The commission said over N1.2 trillion in revenue was still being withheld by the defaulting agencies, keeping money away from government’s reach for funding of its budget.
The Chairman of the Commission, Victor Muruako, who spoke while briefing National Assembly correspondents Wednesday, said the agencies failed to submit their audited account to the commission to enable it calculate their operating surplus which is supposed to be paid into the Consolidated Revenue Fund of the Federation.
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.
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As a result of the incessant plagiarism and other copyright abuses in Nigerian tertiary institutions, the Nigerian Copyright Commission (NCC), has pledged institutional support for the newly launched anti-plagiarism software.
Director-General of NCC, Mr. John Asein, made the pledge in a statement made available to Vanguard in Abuja, on Saturday.
The NCC’s pledge follows the presentation of the Eaglescan Plagiarism Detection Software by the Association of Vice-Chancellors of Nigerian Universities (AVCNU).
According to the statement, the Eaglescan Plagiarism Detection Software is a cross-platform application built on enterprise Java, having robust big-data and search engines with the capacity for data search and analytics.