Yayi
Vice Chairman, Senate Committee on Communications, Senator Solomon Adeola, on Sunday faulted plans by the Minister of Finance, Mrs. Kemi Adeosun, to approve the 2016 budgets of revenue generating agencies.
Adeosun had, during her briefing, after the first Federal Executive Council (FEC) meeting of this year, directed the Nigerian Communications Commission (NCC) and other revenue generating agencies to submit their “budgets for approval”.
In a statement issued by his media adviser, Chief Kayode Odunaro, Adeola, however, pointed out that only the National Assembly, according to the NCC Act, is empowered to consider and approve the budget of the Commission.
Adeola stressed that any attempt by the Minister of Finance and the Minister of Communication to approve the budget of NCC in particular would amount to a breach of the law, and an encroachment on the function and power of the legislature.
“I am surprised that the minister was quoted as, including NCC among other agencies it would require to submit budgets for her and other supervising ministers to approve. As well intentioned as this may seem in the effort to generate revenue and block leakages, it is a fragrant contravention of the NCC Act, as well as usurping the power of the National Assembly to approve the budget of NCC,” he stated.
Adeola referred Adeosun to sections 17 to 21 of the NCC Act that dwell on the financial provisions for NCC.
He further explained what is required of the Commission, as stipulated in the Act.
“The only fund NCC is mandated to pay to the Consolidated Revenue Fund (CRF) of the Federation is ‘all monies accruing from the sale of spectrum’, as contained in Section 17(3),” he said.
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