Senate to partner FRC to block revenue leakages - The Nation Newspaper

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Senate to partner FRC to block revenue leakages

The Chairman of Senate Committee on Finance, Senator Solomon Adeola, said this at a meeting with FRC’s Acting Chairman, Mr Victor Muruko, according to a statement in Abuja by Adeola’s Media Adviser, Chief Kayode Odunaro.

The Lagos West senator regretted that the FRC had not lived up to its billings over the years, a situation he said must change.“With the country facing financial challenges to fund urgent infrastructure and social development, the issue of government revenue leakages and frivolous expenditures by some agencies need to be curtailed and the FRC must play a critical role in ensuring this.

“The committee will inquire from the Secretary to the Government of the Federation , Mr. Boss Mustapha, why the commission under the Presidency still operates from rented apartments, lacks fund for its operation, including printing of its annual reports, years after it was established,” Adeola said. “We have many challenges in our operations. When we write to agencies for information they are very reluctant in giving us information and delay such for months or don’t give us at all because there are no sanctions.

 

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