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Jonathan talks tough on non-remittance of surplus allocation to agencies

| December 13, 2012 More

President Goodluck Jonathan has declared that the non-remittance of surplus allocation by any government agency at the end of the year would attract heavy sanctions.

President Goodluck Jonathan

The President said this while swearing-in two Members of the Fiscal Responsibility Commission before the commencement of the weekly Federal Executive Council meeting on Wednesday.

President Jonathan, expressed concern over non-adherence to fiscal responsibility and other financial rules by government agencies saying that a retreat would be organized for all stakeholders to ensure strict adherence to the fiscal responsibility to ensure prudence and accountability.

According to him, this became necessary to clean the name of the country in line with global Fiscal Responsibility Standards and best practices.

President Jonathan commended the Fiscal Responsibility Commission for its continued effort at ensuring that government agencies and corporations, who hitherto were not accounting for their revenues, were now doing so.

He called on all organization to strictly adhere to laid down guidelines.

The two newly sworn members of the Fiscal Commission are Alhaji Isma’ila Hassan from Bauchi state and Mallam Mohammed Garba Shehu, President of the Nigeria Union of Journalists, (NUJ), who represents the civil society in the Commission.

Category: Bauchi State News

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