Mobil Oil

[citizen]

No Record Of Spending For 13.6tr Revenue -RMAFC
By David Agba, Snr Correspondent, Abuja

Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has said that N13.6 trillion excess revenue appropriated by the federal and state governments from 2004 till date does not have record of spending.

It said also that money does not seem to be reflected in subsequent years' budget proposals to the legislators at the federal and state levels.

RMAFC is the body empowered by the Constitution to monitor accruals and disbursements of revenue from the Federation Account.

RMAFC disclosed this recently at a brainstorming session organised by the commission on "Budgeting System and Socio Economic Development in Nigeria."

Chairman of the commission, Hamman Tukur, said federal and state governments controlling the accounts do not seem to render returns, adding that the worst of all is that nobody asks any questions on the accounts.

He added that "every now and then, some arbitrarily determined amounts are being withdrawn without any clear legal authority from excess crude account."

Tukur regretted that local government councils in the country were being denied their legal share.

A typical example, he cited, was the distribution of $2.8 billion early this year to only the federal and state governments.

The RMAFC boss said the money was used for funding of federal projects, payments of debts, funding petroleum subsidies, all of which are not known in law or due process as ruled by the Supreme Court

"Beneficiaries at the federal and state government levels do not seem to submit to their various Assemblies' supplementary budgets in indictating these additional revenues-receipts.

"The Assemblies do not seem to complain either, despite the fact that in a democratic set up, expenditure of any amount must be appropriated by the legislative arm" Tukur noted.


You can now see how crazy this country is run!!!!
This is definitely a kleptocracy. God help all of us and generations to come