The National Assembly has warned the Minister of Finance, Zainab Ahmed, and heads of all Federal Government revenue-generating agencies against engaging in unauthorised spending of revenues without the approval of the federal lawmakers as required by law.
The chairmen of the Finance Committees of the nation’s parliament, Senator Solomon Adeola (Senate) and James Faleke (House of Representatives), gave the warning on Saturday after a joint meeting held in Lagos.
A statement by the Media Adviser to the Chairman, Senate Committee on Finance, Chief Kayode Odunaro, on Sunday, explained that Adeola and Faleke warned the minister and other heads of Federal Government’s revenue-generating agencies to desist from such practice or face the wrath of the National Assembly.
Adeola, according to the statement, said the era of unauthorised and illegal diversion of revenues generated by MDAs was over because the 9th National Assembly would ensure that Federal Government gets enough revenue to implement people-oriented policies and programmes. Read more