Thursday, April 25, 2024
MARKET UPDATE
Advertisement Topt

TheCable

Advertisement lead

Senate queries Lai Mohammed: How can you raise only N620k from culture sector?

Senate queries Lai Mohammed: How can you raise only N620k from culture sector?
February 15
07:34 2017

The senate on Tuesday queried Lai Mohammed, minister of information, culture and tourism, over the poor revenue generated from the culture and entertainment industry in 2016 and misappropriation of funds.

During a budget defence session on Tuesday, the senate committee on culture and tourism lamented that the ministry presented only N620,000 as total revenue generated in 2016.

Matthew Urhoghide, chairman, senate committee on culture and tourism, said the senate was displeased with the figure.

“Budget is not just about expenditure. No one is talking about revenue. We need revenue profile. Each time you come, only expenditure is mentioned. How can you say is N620,000.00 that was raised by your ministry from the culture sector?

Advertisement

“We must exhaust all the avenues to generate funds internally. We seriously frown at the low and poor IGR. We query it. You must look inward because this is not acceptable,” he said.

Urhoghide also queried the minister for misdirecting funds budgeted for land acquisition saying that the senate budgeted N60m to acquire lands in Lagos, Adamawa and Edo states to establish cultural industries.

He said Mohammed used the money released to acquire lands in only Lagos and Adamawa states, adding that the minister reduced the states to three when the initial budget was supposed to accommodate six states.

Advertisement

Mohammed defended his ministry by saying that the budget wasn’t properly implemented due to inadequate appropriation and delay in the release of funds, cumbersome nature of procurement process, and the challenge of partial release of appropriated amount.

He called for the placement of culture and tourism on the residual list, saying that the current structure makes it difficult for the government to regulate the sector.

“There are several challenges/constraints militating against the smooth implementation of the required programmes/projects. Some of these are inadequate appropriation; delay in the release of funds; cumbersome nature of procurement process; partial release of appropriated amount; late passage of Appropriation Act; placement of culture and tourism on the residual list, which has made it difficult to regulate the sector; lack of political will to develop the sector and absence of convention bureau to attract big-time events to Nigeria as a tourism destination,” he said.

Advertisement

Click on the link below to join TheCable Channel on WhatsApp for your Breaking News, Business Analysis, Politics, Fact Check, Sports and Entertainment News!

Tags

0 Comments

No Comments Yet!

There are no comments at the moment, do you want to add one?

Write a comment

Write a Comment

error: Content is protected from copying.