NITDA can finance Nigeria’s annual budget ―Reps public account

By obp001 • 2 days ago • 2243 views • 894 comments

The House of Representatives says the National Information Technology Development Agency (NITDA) has the wherewithal to finance the country’s annual budget if given the necessary environment.

Chairman, House Committee on Public Accounts, Hon. Wole Oke who expressed optimism during the investigative hearing into the queries issued by the office of the Auditor General of the Federation (oAuGF) against NITDA, frowned at the flagrant abuse of the extant financial regulations.

Hon. Oke who requested for a brief on the NITDA mandate and progress made so far with the view to the proposed relevant amendment to the NITDA Establishment Act for the smooth running of the agency.

“Nigerians want to know what you have done with the tax-payers’ money. Nigerians are watching you free of charge; we are not charging you for that. So it’s good PR for you to also market what NITDA is doing.

“People hear about NITDA, NITDA they don’t even know what you stand for. Not many people are aware until a few days, I saw your DG on Channel, some of us don’t even know your mandate. But this is a window for you to showcase what you also do. For Nigerians to also appreciate what you’re doing. The law setting you up is here. And from the information I gathered is that you can actively finance Nigeria’s budget if you’re given the wherewithal.

“The information I gathered is that NITDA alone can finance Nigeria’s budget if they are given the wherewithal, they are supported, they are given the environment to operate that we don’t even need to go borrowing.

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