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Wednesday, 13 July 2016

Taraba Assembly Passes Fiscal Responsibility Commission Bill Into Law.



The Taraba state Fiscal Responsibility Commission (Amendment Bill) 2016 had Tuesday, been passed by the Taraba state House of Assembly, in order to enhance the powers of the commission in the performance of its functions.

In a plenary presided over by Speaker, Abel Peter Diah, the House had considered the Bill the third time and by a unanimous decision passed it into Law thereby amending the former Law- The Taraba State Fiscal Responsibility Commission Law No.7 of 2011.

According to the amended Law, the Commission shall among several others, have power to: Request for and obtain information relating to public revenue, expenditure and related matters from any person, department, public institution or body or arm of the government of the state.

It shall interview any person it deems necessary with regards to government revenue and expenditure; Monitor and enforce the remittance of revenue by all corporations and government agencies into the consolidated revenue fund as is herein provided and publish same at the commencement of every fiscal year; Collaborate and cooperate with all or any of the Nigeria Police, Economic and Financial Crimes Commission, Independent Corrupt Practices and Other Related Offences Commission or any other agency, public body, Ministry, Extra-Ministerial Department of the State.

The Commission shall also, ‘without prejudice to the powers of the Auditor General of the State, review or verify the financial records of any Government Agency, Corporation,Ministry, Extra-Ministerial Department of the State.

Meanwhile, the Speaker of the House, Abel Peter Diah, in his remarks after the Bill has been passed into Law, stated that the only way the State could look inwards was by passing the Bill into Law in order to generate revenue for the State. He however, warned MDA’s who were alleged to not cooperating with the Committee on IGR to desist henceforth in order not to incur the wrath of the House.
The amended Law would be sent to the Governor, Darius Dickson Ishaku, for his assent.

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