By Henry Umoru
ABUJA – THE Senate Thursday passed the 2017 budget of the News Agency of Nigeria ( NAN) worth N132,550, 000.01.
This followed the presentation of the report of the 2017 Internally Generated Revenue (IGR) Budget and Expenditure of government-owned information agencies during plenary.
The agencies included National Broadcasting Commission (NBC), News Agency of Nigeria (NAN), Federal Radio Corporation of Nigeria (FRCN), and the Nigerian Television Authority (NTA).
Presenting the report, Chairman Senate Committee on Information and National Orientation, Sen. Suleiman Adokwe said that NAN’s projection was N132, 550, 000.00 while projected expenditure was N132, 550, 000.01.
According to him, the agency’s IGR performance for 2016 was 97.54 per cent, adding, “The agency did not remit 25 per cent Consolidated Revenue Fund (CRF) in the year 2016 due to inadequate…
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