Revenue Mobilization Allocation and Fiscal Comm. Clarified its position on Treasury Single Account
In a statement signed by the Commission’s Spokesperson, Mr. Ibrahim Mohammed and distributed to newsmen in Abuja , the Commission said the clarification became necessary in view of the fact that long before the introduction of TSA, RMAFC had always advocated for stringent measures to curtail the problem of revenue leakages particularly in Agencies of Government that were in the habit of not remitting revenues generated by them on account of their enabling Acts which allow them to do so. The Commission only advised for amendment of the subsisting Acts to compel them to remit into the Federation Account.
It would be recalled that the Commission had consistently decried the practice whereby certain agencies would operate several accounts not known to Government. RMAFC is happy now that with TSA, all transactions in public accounts would remain transparent and open to public scrutiny.
Some of the Agencies include Nigeria Maritime Safety and Administration, Nigeria Ports Authority, NIPOST, Federal Airports Authority of Nigeria, Nigeria Communication Commission, Nigeria Broadcasting Commission, Bureau of Public Enterprises and others deemed to belong to the entire Federation and not one tier of Government by virtue of their operations and utilization of national assets like airwaves, air space and maritime resources. The Statement also pointed out that it wholeheartedly welcomed the introduction of TSA as it aligns with its mandate of stopping revenue leakages and would serve as veritable tool for eliminating such leakages.
On the said publication which claimed that an official of the Commission spoke to the daily on condition of anonymity, the Statement explained that the position of the newspaper does not reflect its views as nowhere did the Commission mention nor describe TSA and Consolidated Revenue Fund as unconstitutional.
The Commission has designated Officials who officially speak on behalf of the Commission adding that the Commission fully believes in proactive disclosures and uphold the principles of Freedom of Speech and of the Press as enshrined in the Constitution of the federal republic of Nigeria. The Statement urged media houses to always crosscheck with the Commission before going to Press.
