The Centre for Anti-Corruption and Open Leadership (CACOL) has called on President Bola Tinubu to assent to Bill for an Act to Amend Revenue Mobilisation Allocation and Fiscal Commission Act, CAP. R7 LFN 2010.
A statement by Debo Adeniran, CACOL Chairman, on Sunday, said the bill, which the Ninth Assembly passed, was awaiting Mr Tinubu’s assent.
Mr Adeniran said assent to the bill would give the commission enforcement powers to monitor accruals to and disbursement of revenue from the federation account.
He further said it would bring the Act into conformity with the provisions of the 1999 Constitution (as Amended).
“The bill, as passed by the National Assembly, prescribes that the commission shall be wholly funded by the three tiers of government being beneficiaries of the Federation Account. As one of the 14 executive bodies recognised by the Constitution, RMAFC is one of the most poorly funded agencies,” he explained.
The anti-graft group boss added, “It is poorly funded compared to Independent National Electoral Commission (INEC), National Population Commission(NPC), National Assembly and others that are heavily funded from the national purse.
It is (correct) to expect a poorly funded organisation with ill-motivated staff to perform.”
The CACOL chairman also said he was optimistic that the bill would remove financial, legal and regulatory obstacles that had made the commission a “toothless bulldog.”