Categories: Local

Reps Ask Executive To Audit Revenue Sources

The House of Representatives has urged the Executive to undertake a comprehensive audit of all government’s sources of revenue.

According to the lawmakers, an audit would assist the Federal Government in exploring other sources of revenue.

Nigeria largely depends on crude oil sales as its major source of revenue, a situation the the current administration said it was making efforts to shift away from.

The request for the audit was part of issues discussed at plenary on Wednesday.

The House said it would also enable the National Assembly track the revenue sources for the purpose of making appropriate budgetary decisions.

It also urged the Executive to ensure that the report of the audit was submitted to the National Assembly within the next ninety days.

The lawmakers’ demand is coming on the same day it said it would pass the 2016 budget on March 17.

Williams Osewezina

Disqus Comments Loading...

Recent Posts

Alleged Money Laundering: Bobrisky To Be Arraigned Tomorrow

The Economic and Financial Crimes Commission (EFCC) on Thursday filed a six-count charge against Idris…

3 mins ago

Ferdinand Warns Rashford May Have To Leave Man Utd To Reignite Career

The 26-year-old has scored just eight goals in 36 appearances for United so far this…

7 mins ago

Kano Anti-Corruption Commission Chair Suspended

According to the Code of Conduct Bureau, the decision to suspend Magaji was made to…

12 mins ago

Alleged Misconduct: Panel Investigating Shaibu Adjourns To Friday

This is the sequel to the non-appearance of counsels to the defence.

22 mins ago

Court Awards ₦5m Damages Against EFCC For Wrongly Parading Photographer As Fraudster

The court declared that the EFCC should remove the image and name of the applicant…

23 mins ago

APC Accuses Fubara Of Scheming Against Rivers Assembly

Fubara had roared that his political detractors should not mistake his calm demeanour and acceptance…

45 mins ago