Home » News Hour » House of Reps to investigate 12-year remittances, withdrawals from Ecological funds
Nigeria’s House of Representatives has resolved that it would investigate withdrawals and remittances to and from the Ecological Funds between 2010 and 2022.
This followed allegations of mismanagement of the funds by the beneficiaries.
The House has therefore mandated its Committee on Ecological Fund to probe unto the total consolidated mandatory accruals into the Ecological Fund from 2010 to March 2022.
The House also said the committee should evaluate the disbursement of the Ecological Fund in line with the provision of the 1999 Constitution from 2010 to March 2022.
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In addition, the committee is to also investigate the utilisation of the Ecological Fund by benefiting government’s departments and agencies (MDAs) from 2010 to March 2022 and establish infractions (if any).
The House further asked the committee to conduct public hearings with all the major stakeholders on the effective and efficient utilisation of the Ecological Fund and report back within six weeks for further legislative action.
These resolutions folowed a motion moved by a member, Femi Bamisile.
His motion is titled; ‘Need to Investigate the Total Consolidation Accrual and Utilisation of Ecological Fund.’
Presenting the motion, Bamisile stressed the existence of the Ecological Fund as an intervention fund set up by the Federal Government to address multifarious ecological challenges across the country.
He noted that the Federal Government, the 36 states of the federation, the 774 Local Government Areas and the Federal Capital Territory receive funds through the Federal Allocation Committee as shares from the Ecological Fund.
According to the lawmaker, apart from the annual statutory appropriations, four agencies of the Federal Government draw funds from the 1 per cent share of the Federal Government allocated to Ecology and Derivation Fund, according to their respective enabling laws.
Bamisile stated that the National Emergency Management Agency (NEMA), by virtue of Section 13(2) (b) of its Act, draws 20 per cent; National Agency for the Great Green Wall, by virtue of Section 12 (2) (b) of its Act, draws 15 per cent; the North East Development Commission, by virtue of Section 14(12) (b) of its Act, draws 10 per cent; and the National Agricultural Land Development Authority, by virtue of Section 18 (2) (a) of its Act, draws 10 per cent.
He said, “The House is worried that efforts at making beneficiaries of the Ecological Fund accountable for their accrued shared funds in the last few years have been ignored. Sections 88 and 89 Constitution of the Federal Republic of Nigeria, 1999 (as amended) empowers the National Assembly to conduct investigation and power as to matters of evidence.”
