No 2022 Budgetary Approval For The Corporate Affairs Commission – House of Reps

The House of Representatives has said that there would be no 2022 budgetary approval for the Corporate Affairs Commission until it has submitted its financial report from 2016 to 2020.

James Faleke, Chairman, House Committee on Finance called the attention of the Budget Office not to grant the commission any budgetary request until its cleared with the committee.

He said that the 2021 budgetary performance of the Corporate Affairs Commission had already put it in deficit, adding that such spending would not augur well for the financial status of the country.

CC: Vanguard

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