The Senate has directed its Committee on Finance to prepare a motion compelling revenue-generating agencies and government-owned enterprises that failed to honour its invitations to appear before lawmakers and account for revenues generated and remitted into the Consolidated Revenue Fund (CRF).
The decision follows concerns over the refusal of some Ministries, Departments and Agencies (MDAs) to participate in ongoing interactive sessions examining internally generated revenue and operating surplus remittances.
The proposed motion, to be sponsored by the Chairman of the Senate Committee on Finance, Senator Sani Musa (APC, Niger East), will seek to compel the affected agencies to explain alleged failures to remit funds into the CRF between 2023 and 2025.
The resolution was reached after Senator Musa raised a point of order during Wednesday’s plenary, expressing concern over what he described as the continued refusal of some government agencies to honour invitations issued by the committee.
According to the lawmaker, the Finance Committee has been conducting a review of the financial records of various government institutions since last week to assess their compliance with statutory requirements on the remittance of internally generated revenue and operating surpluses to the Consolidated Revenue Fund.
The exercise is part of the Senate’s oversight responsibilities aimed at strengthening transparency, improving revenue accountability and ensuring that government agencies comply with financial regulations governing public funds.
Lawmakers said the planned motion is expected to reinforce the National Assembly’s oversight powers and compel defaulting agencies to account for their financial activities before the Senate.
