Business
Plot To Scrap Fiscal Commission Criticised
Criticisms have contin
ued to trail the alleged plan to scrap the Fiscal Responsibility Commission (FRC), a move stakeholders blame on graft and personal interest.
The Tide sources reveal that the care mandate of the FRC which is recovery of operating surpluses of Ministries, Departments and Agencies (MDAs) has been outsourced to consultants by the government.
The decision to out source the duty of the commission established under an Act of parliament may have been taken without formal communication to the agency or any case of negligence of duty raised against it.
The Tide also gathered that the contractual terms for the outsourcing include the fact that the consultant would take about 2.5 per cent of the total value performed without incentive.
Since 2009, the commissions total budget allocations were put at less than N3.9 billion compared to a whopping N337 billion it has saved for the federal government.
The worry over the alleged plot to quickly scrap FRC was heightened when it was found out that the commission has also bean hit with inadequate fund for its operations since late last year.
According to a reliable source, the FRC fund crisis which persists till date was a deliberate effort to frustrate its activities.
The source further explained that the FRC cannot be scrapped immediately and that the executive arm of government cannot scrap it without the consent of the National Assembly.
It could be recalled that the Oronsanya committee on the Rehabilitation of the Civil Service had recommended the scrapping of the commission on the assumption that its functions are clashing with those of the Revenue Mobilization, Allocation and Fiscal Commission (RMAFC).
But some civil society organizations have alleged that the recommendation was either prompted and or misconcepted.
According to them, the coremandates were to compel any person or government institution to disclose information relating to public revenues and expenditures.
The FRC according to the groups also had the mandate to investigate any alleged violation of its provisions and secure greater accountability and transparency in fiscal operations amongst others which RMAFC does not perform.
The Lead Director of Centre for Social Justice, Eze Onyekpere lamented that the country had always inflicted itself with injuries due to poor setting of priorities.
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