TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

When will it be? – The Nation

The Citizen by The Citizen
January 11, 2018
in Public Affairs
A A
0
Clear salary order – Punch
22
SHARES
734
VIEWS
Share on FacebookShare on Twitter
  • The govt promised to probe revenue generating agencies but is yet to do that months after

One major basis for the election of President Muhammadu Buhari as leader of the country in 2015 was the trust that he would not only block all loopholes through which the national wealth was being siphoned by officials of state, but hold looters to account. It was therefore no surprise when the new Registrar of the Joint Admissions and Matriculation Board, Professor Is’Haq Oloyede, exposed the magnitude of mismanagement in the agency by turning N8 billion to the treasury last year. The figures are staggering. Between 2011 and 2015, JAMB received an allocation of N12.5 billion and returned about N31 million to the treasury.

In like manner, the Nigerian Maritime Administration and Safety Agency, NIMASA, has been praised by the Minister of Finance, Mrs. Kemi Adeosun, and the Accountant-General of the Federation (AGF), Mr. Ahmed Idris, for remarkably improving on the agency’s revenue generating capacity. As a result, the government has decided to probe former chief executives of the two agencies as well as other revenue generating agencies of the Federal Government over how they spent their subventions.

It is disheartening that the AGF had, last September, told stunned Nigerians that, “we only realised about 35 per cent of the N1.3 trillion revenue estimated for 2016. For 2017, it has been lowered to about N807 billion and we are now in the third quarter of the year, but what we have been able to realise to date is about N120 billion. We are now in September, which means we have not even gone half way; we are just hovering around 25 per cent of the estimated revenue for this year as far as internally generated revenue (IGR) is concerned.”

Professor Oloyede and Dr. Dakuku Peterside of NIMASA deserve the kudos they have received, but others should be encouraged to do the same by making them account for their stewardship.  The two men have shown what needs to be done to change the face of governance in the country –  honesty, innovation and efficiency. Indeed, Oloyede said his team decided that, while the examination body is not primarily a revenue generating agency, it should not be revenue wasting either. Thus, it cut out waste through paper testing and improved on computer-based tests. By its performance, the board no longer has to draw fund from the government.

We commend the Federal Government’s decision to look into the finances of other revenue generating agencies, even though it has characteristically failed to do that since last year. It should speed up the process, especially now that the country is contemplating borrowing to fund the 2018 budget. We could cut down on the debts and deficit if only the agencies are more transparent and efficient. As the finance minister pointed out, “the cause of dwindling revenue includes wastage, illegal recruitments, bloated expenses, loans to staff and use of expensive consultants.”

Almost three years into the Buhari administration, the government ought to have overcome such shortcomings, thus returning health to the agencies and the treasury. Since 2016 when the finance ministry promised to send auditors to all ministries, departments and agencies of government, nothing has been heard about the result, nor are we aware of new processes and procedures introduced to save government the huge funds that get siphoned out of the system.

An agency like the Nigerian National Petroleum Corporation (NNPC), for example, remains a seamy agency. Despite all the promises made by the Goodluck Jonathan administration to plug loopholes, nothing came out of the panels set up to ensure that. Neither has anything been done since 2015 when this government came on board. Yet, state governors and the Nigeria Extractive Industries Transparency Initiative, NEITI, continue to lament how NNPC decides what to pay into the Federation Account. It must be pointed out that, without transparency and best corporate governance practices, the country would remain in the hole into which it has sunk.

Share9Tweet6
Previous Post

Before Lagos bridges collapse – The Sun

Next Post

WikiLeaks: Ecuador grants ID card to Julian Assange

Related Posts

Teachers in private schools – Thisday
Public Affairs

Teachers in private schools – Thisday

September 20, 2023
Reining-in boat mishaps in Nigeria – Vanguard
Public Affairs

Reining-in boat mishaps in Nigeria – Vanguard

September 20, 2023
Rising cultism menace should be crushed – Punch
Public Affairs

Rising cultism menace should be crushed – Punch

September 19, 2023
Nigeria’s infrastructure deficit needs attention – Punch
Public Affairs

Nigeria’s infrastructure deficit needs attention – Punch

September 18, 2023
Nigeria’s literacy rate still too low – Punch
Public Affairs

Nigeria’s literacy rate still too low – Punch

September 8, 2023
Pate’s mission to revamp healthcare system – Punch
Public Affairs

Pate’s mission to revamp healthcare system – Punch

September 5, 2023
Next Post
WikiLeaks: Ecuador grants ID card to Julian Assange

WikiLeaks: Ecuador grants ID card to Julian Assange

Nwakali joins Aberdeen on loan

Nwakali joins Aberdeen on loan

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Ondo senator appoints 100 PAs, awards N300k to each constituent

Ondo senator appoints 100 PAs, awards N300k to each constituent

by The Editor
September 20, 2023
0

...

Obasanjo laments insecurity on Nigeria roads, railways, airports

Yoruba Obas Forum insists on Obasanjo’s public apology

by The Editor
September 19, 2023
0

...

Cult clash: Sagamu LG imposes dusk-to-dawn curfew on motorcycle, tricycle operations

Cult clash: Sagamu LG imposes dusk-to-dawn curfew on motorcycle, tricycle operations

by The Editor
September 18, 2023
0

...

Rivers council boss bans commercial tricycle operations over insecurity

Rivers council boss bans commercial tricycle operations over insecurity

by The Editor
September 16, 2023
0

...

APPOINTMENTS

Tinubu nominates Cardoso as CBN Governor, names four deputies⁣

Cardoso assumes office as CBN confirms Emefiele’s resignation

by The Editor
September 22, 2023
0

...

Gov. Otti makes 14 new appointments

Gov. Otti makes 14 new appointments

by The Editor
September 20, 2023
0

...

Tinubu appoints Hakeem Baba-Ahmed as Special Adviser

Tinubu appoints Hakeem Baba-Ahmed as Special Adviser

by The Editor
September 18, 2023
0

...

Gov. Zulum appoints new Rector for Ramat polytechnic

Gov. Zulum appoints new Rector for Ramat polytechnic

by The Editor
September 18, 2023
0

...

ODDITIES

59-year-old man gets life imprisonment for raping two daughters

59-year-old man gets life imprisonment for raping two daughters

by The Editor
September 19, 2023
0

Guard allegedly impregnates three students in Anglican school

Guard allegedly impregnates three students in Anglican school

by The Editor
September 15, 2023
0

Gunmen attack Rivers TV, radio stations

Man kills father with pestle in Rivers State

by The Editor
September 8, 2023
0

State of the States

2023 presidency: Ogun Governor dumps Tinubu for Osinbajo

Gov. Abiodun directs payment of N1bn gratuity to pensioners

by The Editor
September 20, 2023
0

...

Subsidy: Delta governor approves palliatives for students

Subsidy: Delta governor approves palliatives for students

by The Editor
September 20, 2023
0

...

Plateau govt to reactivate rail transport in city masterplan

Plateau govt to reactivate rail transport in city masterplan

by The Editor
September 20, 2023
0

...

Insecurity: We’ll fish out killers of soldiers, policemen in Imo – Gov Uzodinma

Insecurity: We’ll fish out killers of soldiers, policemen in Imo – Gov Uzodinma

by The Editor
September 20, 2023
0

...

  • Trending
  • Comments
  • Latest
UK licenses 266 Nigerian doctors in two months

UK licenses 266 Nigerian doctors in two months

August 3, 2022
US govt reaches agreement with Niger junta, resumes drone aircraft, crewed aircraft operations

US govt reaches agreement with Niger junta, resumes drone aircraft, crewed aircraft operations

September 16, 2023
Coup: Russia warns ECOWAS, others against Niger intervention threats

Coup: Russia warns ECOWAS, others against Niger intervention threats

August 2, 2023
Fed Govt orders telcos to reverse hike in call, data rates

NCC sets record clear in alleged leakage of Obi-Oyedepo call

April 4, 2023

Air Peace begins operations, offers airfare to Armed Forces personnel

170

Diezani breaks silence, reveals side of story in 3-part exclusive interview

26

FG’s N4trn contractual debts under Jonathan – National Mirror

21

2015: Washington Post condemns Jonathan for campaign slogan

20
NCC extends submission of application for Hackathon

NCC extends submission of application for Hackathon

September 22, 2023
Kebbi govt bans mining, shuts down sites

Kebbi govt bans mining, shuts down sites

September 22, 2023
FG apologises for Tinubu’s NASDAQ closing bell error

FG apologises for Tinubu’s NASDAQ closing bell error

September 22, 2023
No Nigerian died in fire-gutted abandoned municipal building in South Africa – NUSA

NUSA raises alarm over fresh attacks on Nigerians in South Africa

September 22, 2023

GLOBAL NEWS

No Nigerian died in fire-gutted abandoned municipal building in South Africa – NUSA

NUSA raises alarm over fresh attacks on Nigerians in South Africa

by The Editor
September 22, 2023
0

...

Guinea junta leader tells UN to ‘stop lecturing’ Africa

Guinea junta leader tells UN to ‘stop lecturing’ Africa

by The Editor
September 22, 2023
0

...

Nguema swears in as Gabon transitional head of state

Coup: Gabon gets partial suspension from Commonwealth

by The Editor
September 20, 2023
0

...

Tunisia suffers nationwide power cut

Tunisia suffers nationwide power cut

by The Editor
September 20, 2023
0

...

Rwanda Pres. Kagame readies run for fourth term

Rwanda Pres. Kagame readies run for fourth term

by The Editor
September 20, 2023
0

...

EDITORIAL REVIEW

Teachers in private schools – Thisday

Teachers in private schools – Thisday

by The Editor
September 20, 2023
0

Reining-in boat mishaps in Nigeria – Vanguard

Reining-in boat mishaps in Nigeria – Vanguard

by The Editor
September 20, 2023
0

Rising cultism menace should be crushed – Punch

Rising cultism menace should be crushed – Punch

by The Editor
September 19, 2023
0

Nigeria’s infrastructure deficit needs attention – Punch

Nigeria’s infrastructure deficit needs attention – Punch

by The Editor
September 18, 2023
0

Nigeria’s literacy rate still too low – Punch

Nigeria’s literacy rate still too low – Punch

by The Editor
September 8, 2023
0

Opinion

Nigeria Immigration Service and hire purchase passports

Nigeria Immigration Service and hire purchase passports

by The Editor
September 5, 2023
0

...

Sudan crisis: Security threats and implications for Nigeria and beyond

Sudan crisis: Security threats and implications for Nigeria and beyond

by The Editor
August 30, 2023
0

...

Tinubu finds his own demons

Tinubu finds his own demons

by The Editor
August 3, 2023
0

...

Ali Pate: Long-awaited messiah of Nigerian health sector

Ali Pate: Long-awaited messiah of Nigerian health sector

by The Editor
July 23, 2023
0

...

  • UK licenses 266 Nigerian doctors in two months

    UK licenses 266 Nigerian doctors in two months

    129 shares
    Share 52 Tweet 32
  • US govt reaches agreement with Niger junta, resumes drone aircraft, crewed aircraft operations

    87 shares
    Share 35 Tweet 22
  • Coup: Russia warns ECOWAS, others against Niger intervention threats

    76 shares
    Share 30 Tweet 19
  • NCC sets record clear in alleged leakage of Obi-Oyedepo call

    67 shares
    Share 27 Tweet 17
  • Shake-up in army

    62 shares
    Share 25 Tweet 16
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2022 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2022 TheCitizen Ng. All Rights Reserved.