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FCT minister to set up debts recovery taskforce

By Henry Umoru

Abuja -  WORRIED by huge debts being owed it by individuals and corporate organisations which run into undisclosed billions of naira, Minister of the Federal Capital Territory Administration (FCTA), Senator Muhammad Adamu Aliero, said yesterday that arrangements had been concluded for the setting up of a taskforce to ensure the recovery of the debts.

The debts, according to him, came as a result of services the administration rendered to residents and corporate organisations in the FCT, adding that the administration will also establish revenue courts and designate bodies for enforcement of penalties geared towards improving the revenue generation profile of the territory as well as to fast-tracking development in Abuja.

These were part of the resolutions reached at yesterday’s FCT Executive Committee meeting held in Gwarinpa I, (Life-Camp), Abuja and presided over by the Minister of State for the FCTA, Chief Chuka Odom.

The Minister who noted that it had become imperative for the administration to take the decision due to increasing cost of administration and general management owing to increasing population and sophistication, said the move was also very timely owing to the global economic meltdown which led to the drop on statutory revenue allocation from the Federation Account to the FCTA.

The EXCO at the end of the meeting also approved the centralisation of the issuance of revenue receipts and collection of revenue board, but in the meantime, all revenue receipts are to be printed and issued centrally from the Treasury while the Secretariats, Departments and Agencies (SDAs) collect and remit to the Treasury.


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