President of the Senate, Senator Abubakar Bukola Saraki today warned government agencies in the habit of not remitting Federal Government revenue to the Federation account that the government will no longer condone such act of mismanagement.
Speaking while receiving the Chairman of Revenue Mobilization Allocation and Fiscal Commission, Engr. Elias Mbam and
his team in Abuja, Saraki said that non-compliance by agencies of government has brought major setback in the processes of governance.
“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,” a statement by the Senate President’s media office said.
“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.”
Earlier, the RMAFC Boss, Mbam said the agency have always enjoyed cordial relationship with the National Assembly. He called for continued working partnership with the view to enhance their effectiveness.
Mbam condemned the recent media report that exaggerated the wardrobe allowances of Senators and members of the House of Representatives saying, that wardrobe allowance is 25 percent of the basic salary which when broken down amounts to N506, 600 per legislator, per annum.
He therefore advised that the agency operates a functional website where information concerning the day-to-day activities of the agency is published.
