21 MDAs remitted N11.59bn into federation account in 2017 Press "Enter" to skip to content

21 MDAs remitted N11.59bn into federation account in 2017

About N11.59 billion was remitted as independent revenue into the Consolidated Revenue Fund in 2017, a report by the Fiscal Responsibility Commission (FRC) says.

The 2017 annual reports and audited accounts of the organization made available on Wednesday in Abuja, said 21 Ministries, Departments and Agencies (MDAs) of remitted the said amount.

According to the report, it is an improvement on the N8.27 billion remitted by 21 MDAs in 2016.

MDAs with the highest remittances are the Ministry of Mines and Steel Development with N3.92 billion; Ministry of Environment with N3.83 billion and the Federal Road Safety Corps with N1.81 billion.

It said that the Ministry of Industry, Trade and Investment remitted N730.6 million; National Office for Technology Acquisition and Promotion remitted N454.8 million; Ministry of Works, N190.9 million; Ministry of Justice, N138.9 million and Ministry of Labour and Productivity, N134.3 million.

Others are the Independent National Electoral Commission (INEC) with N106.5 million; National Judicial Council, N52.77 million; Office of the Secretary to the Government of the Federation, N40.86 million; Office of the Auditor-General of the Federation N30.88 million and Ministry of Information, N30.47 million.

The report added that the National Sports Commission remitted N27.47 million; National Assembly Service Commission, N20.2 million; Ministry of Youth and Sports Development, N17.39 million; Ministry of Health, N14.08 million and National Emergency Management Agency, N10.22 million.

The lowest remittances came from the Ministry of Education with N7.18 million; National Youth Service Corps, N6.40 million and Ministry of Science and Technology which remitted N1.72 million.