whose heads refuse to appear before the panel to defend their proposals in the 2021-2023 Medium Term Expenditure Framework and Fiscal Strategy Paper , after being duly invited.
This Committee will not attend to any Head of an agency by proxy. It should also be put on record that if they refuse to appear to defend the briefs that we have from the Executive, we will not hesitate to ensure that such defaulting agencies have zero budgets for next year. It said it would also investigate the hike in the cost of obtaining residents’permit by immigrants from $350 to $2,000 within a short time.
He urged the panel to demand for copies of the agreements signed by the Federal Government with the various consultants to enable their review by the various stakeholders.“We have over 10 million immigrants in this country, but we have less than 20 per cent that are captured.’’ “Yes, there is a ratio for the sharing formula, but I want to believe that this company are the ones determining the rate of this payment.“I want to believe that the government of Nigeria is not part of it because the government has always been soliciting and emphasizing that we should encourage investments.
He also agreed with Senator Ahmed that the cost of residents’ permits is on the high side adding that he has written to the Minister of Justice and the Economic and Financial Crimes Commission who are already looking into gt he issue. “The company increased the permit rate to $2, 000 and reviewed the sharing formula downward but the arrangement still favours them. Fifty-five per cent of the $2, 000 is higher than the 72 per cent of the $1, 000 they were collecting before.
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