By Henry Umoru
ABUJA — The Senate has directed its Committee on Finance to prepare a strong motion compelling revenue-generating agencies and government-owned enterprises that failed to honour invitations to appear before it and account for revenues generated and remitted into the Consolidated Revenue Fund (CRF).
The move followed concerns over the refusal of some Ministries, Departments and Agencies (MDAs) to attend ongoing interactive sessions on internally generated revenue and operating surplus remittances.
The motion, expected to be sponsored by the Chairman of the Senate Committee on Finance, Senator Sani Musa (APC, Niger East), will seek to compel affected agencies to provide explanations on alleged non-remittances to the CRF between 2023 and 2025.
Among the agencies expected to appear before the committee are the Nigerian National Petroleum Company Limited (NNPCL), Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Central Bank of Nigeria (CBN), and Federal Radio Corporation of Nigeria (FRCN).
