Unremitted Funds: Saraki Reads Riot Act

Unremitted Funds: Saraki Reads Riot Act

…says era of profligate is over

Chris Steven, Abuja

President of the Senate, Senator Bukola Saraki on Wednesday warned government agencies adamant of non-remitting Federal government revenue to the Federation account saying government would no longer condone such mismanagement act.

Senator Saraki said this when he received the Chairman of Revenue Mobilization Allocation and Fiscal Commission, Engr. Elias Mbam and his team in Abuja that non-compliance by agencies of government has brought major setback in the processes of governance.

He reiterated the support of the Senate in bringing back justice to
any erring agency that indulges in diverting government revenue to illegal channel adding, “Monetary revenue and allocation is a serious challenge to our economy. Though, diversification of economy is very important but is not an overnight issue. We must block every leakage  in government revenue.

“We made campaign promises to Nigerians and we must fulfill all our pledges. It cannot be business as usual. We will do everything within our capacity to elevate the living standard of Nigerians.”

Senator Saraki also cleared air on the N8.64billion bogus wardrobe
allowance to lawmakers as reported in the media, saying the Commission is charged with fixing of remunerations to public office holders and advise the media to be more accurate in their reporting.

Earlier, the RMAFC Boss, Mbam said the agency have always being
enjoying cordial relationship with the National Assembly while calling for continue working partnership with the view to enhance their effectiveness.

Mbam condemned the recent media report that exaggerate the wardrobe allowances for Senators and members of the House of Representatives saying, that wardrobe allowance is 25 percent of the basic salary which when break down amounts to N506, 600 per legislator, per annum.

He advised that the agency operates a functional website where information concerning the day-to-day activities of the agency is