Faleke said that there was a need for all African countries to look inward for economic growth and development, given the looming global economic downturn. He said that the committee should be guided by the Constitution and the Standing Orders of the House in discharging its duties.
“In addition to our core jurisdictional mandate, we will be addressing the revenue and fiscal aspects of the various Ministries Departments and Agencies through effective oversight and legislation on those fiscal policies that will provide effective revenue generation and economic development,” he said. In her remarks, the Accountant General of the Federation, Mrs Oluwatoyin Madein, said her office was putting measures in place to improve revenue generation.