House Moves to Bar NPA, NIMASA, NCC from Diverting Generated Revenue
*Issues on NPA make new bills imperative – Chairman, House Committee
By Onyinye Apeh
The House of Representatives is making frantic moves to ensure that departments and agencies of government do not divert and spend the revenue they generate without observing new regulations on such expenditures.
This move is contained in four bills being sponsored in the House to ammend the Nigerian Ports Authority (NPA), Nigerian Maritime Administration and Safety Agency (NIMASA) and Nigerian Commununication Commission (NCC) Acts, including the Fiscal Responsibility Act.
The Bills seek to confine the MDAs to the Single Treasury Account of the government in which they can only spend what have been appropriated by the National Assembly.
The Chairman of the House Committee on Public Accounts, Mr Wole Oke who is sponsoring the bills referred to the issues that led to the suspension of the Managing Director, Hadiza Bala-Usman as among the reasons that make the bills imperative.
As it affects NPA, ‘Bill for an Act to Amend the Nigerian Ports Authority Act 1999’ is to introduce new subsection under Section 13 of the NPA Act.
Part of the Bill reads, “13(a)(i) Notwithstanding any other provision of the principal Act, all revenues that shall accrue to the Authority under any of the sources listed in Section 13 or from any other source shall be paid into the Federation Account.
“(ii) The Authority shall not incur any expenditure except it has been appropriated by the National Assembly of the Federal Republic of Nigeria. However, the Authority shall be entitled to seven (7) per cent of all revenue generated as its cost of collection.”
In the case of NIMASA, the Bill seeks to introduce a new subsection under Section 16 of the Act.
For the NCC, ‘Bill for an Act to Amend the Nigerian Communications Act 2003’ seeks to replace Section 17(3) with a new Section 17(3) which mandates the NCC to pay all revenue generated into the Federation Account with the commission entitled to seven (7) per cent of all revenue generated.
By Onyinye Apeh
The House of Representatives is making frantic moves to ensure that departments and agencies of government do not divert and spend the revenue they generate without observing new regulations on such expenditures.
This move is contained in four bills being sponsored in the House to ammend the Nigerian Ports Authority (NPA), Nigerian Maritime Administration and Safety Agency (NIMASA) and Nigerian Commununication Commission (NCC) Acts, including the Fiscal Responsibility Act.
The Bills seek to confine the MDAs to the Single Treasury Account of the government in which they can only spend what have been appropriated by the National Assembly.
The Chairman of the House Committee on Public Accounts, Mr Wole Oke who is sponsoring the bills referred to the issues that led to the suspension of the Managing Director, Hadiza Bala-Usman as among the reasons that make the bills imperative.
As it affects NPA, ‘Bill for an Act to Amend the Nigerian Ports Authority Act 1999’ is to introduce new subsection under Section 13 of the NPA Act.
Part of the Bill reads, “13(a)(i) Notwithstanding any other provision of the principal Act, all revenues that shall accrue to the Authority under any of the sources listed in Section 13 or from any other source shall be paid into the Federation Account.
“(ii) The Authority shall not incur any expenditure except it has been appropriated by the National Assembly of the Federal Republic of Nigeria. However, the Authority shall be entitled to seven (7) per cent of all revenue generated as its cost of collection.”
In the case of NIMASA, the Bill seeks to introduce a new subsection under Section 16 of the Act.
For the NCC, ‘Bill for an Act to Amend the Nigerian Communications Act 2003’ seeks to replace Section 17(3) with a new Section 17(3) which mandates the NCC to pay all revenue generated into the Federation Account with the commission entitled to seven (7) per cent of all revenue generated.
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