The Fiscal Responsibility Commission (FRC) Monday said it recovered over N360 billion from the operating surpluses of Ministries Departments and Agencies (MDAs).
The chairman of the commission, Victor Muruako said this during a 2day training tour of Ebonyi State Fiscal Responsibility Commission to FRC Abuja.
His words: “As part of our mandates, we have gone out to look for these revenues from agencies that have been hiding their report and we have retrieved over N360billion by our activities from the consolidated revenue funds”.
Adding that the commission at present has embarked “on investigative visits to several agencies which prompt them to do what is right.”
According to him, “a lot of government agencies ordinarily won’t pay the operating surpluses which they are now paying.” While noting that the money is not being paid to them but they (MDAs) pushed it to the consolidated revenue funds of the federal government.
Credit: Nation
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