From Isaac Anumihe, Abuja
AS part of efforts to curb corruption and foster fiscal discipline in the Ministries, Departments and Agencies (MDAs) of government, Federal Government yesterday, in Abuja, presented a fiscal responsibility index of all the MDAs with nine ministries failing below the minimum benchmark.
Out of the 16 MDAs surveyed, the Federal Ministries of Lands and Housing, Transport, Health, Women Affairs, Science and Technology, Aviation, Finance, Water Resources and Education failed below minimum benchmark. These ministries, according to the index, woefully performed below expectation.
In his welcome remarks, Acting Chairman of Fiscal Responsibility Commission (FRC), Mr. Victor Muruako, said there has been a renewed call for government agencies not to shirk their responsibility in remitting their operating surplus. He said that since the inception of the commission, it has induced the MDAs to pay over N367 billion to the consolidated revenue fund.
“Since it began operation in 2009, the Commission had made remittance of operating surplus by MDAs its battle cry, such that it has induced payment of over N367 billion operating surplus by MDAs to the consolidated revenue fund as at August 2015. Such unprecedented achievement can only spur us to do more,’’he said.
According to him, the Commission has gone further to research and come up with a new template for determining operating surplus for scheduled corporations and that in due course, meeting of relevant stakeholders would be convened to brainstorm on the new template.
“The realities of our present economic situation have made it imperative that every other revenue-generating agency of government is brought into the legal obligation to remit its operating surplus to government coffers beyond those listed in the schedule to the Act to shore up government’s revenue base,” the Chairman said.
Source : SunOnline