The Senate on Thursday passed the 2017 budget of parastatal agencies under the Federal Ministry of Information, including the News Agency of Nigeria (NAN).
This followed the presentation of the report of the 2017 Internally Generated Revenue (IGR) Budget and Expenditure of Federal Government-owned information agencies during plenary.
The other agencies are National Broadcasting Commission (NBC), Federal Radio Corporation of Nigeria (FRCN) and the Nigerian Television Authority (NTA).
The Senate, however passed N132.5 million for NAN while its projection for the year was N132.5 million
Chairman, Senate Committee on Information and National Orientation, Sen. Suleiman Adokwe said the agency’s IGR performance for 2016 was 97.54 per cent.
He further said that the actual IGR budget for 2016 was N129.2 million while the expenditure was N129.2 million
The chairman said that the committee observed that NAN needed to widen its revenue base through introduction of new products.
In his remarks, Deputy Senate President, Mr Ike Ekweremadu, said “this Senate does not rubber stamp any request from any agencies of government or from government itself ”.
“We look at things from merit. We call on those government agencies, especially NTA and Radio Nigeria, to make effort to recover monies owed them.”