The Senate has faulted the poor revenue generation profile of some research, training institutions in the agricultural sector in the country and also decried the non-remittance of 25 per cent due to the Federal Government by some of the agencies.
Members of the Senate Committee on Agriculture made the reservations at an oversight meeting in Lagos with some research and training establishments in the agricultural sector.
The Committee said given the revenue generating potentials inherent of the agencies, the Senate was disappointed by their poor revenue profile and their non-remittance of 25 per cent due to Federal Government coffers.
The agencies that made presentations on their budget implementation for 2019, 2020 and 2021 budget operations included the Nigerian Institute for Oceanography and Marine Research, The Agricultural and Rural Management Agency.
Others are the Institute of Agriculture Research and Training Ibadan, Rubber Research Institute of Nigeria, Federal University of Agriculture Abeokuta, Nigeria Institute for Oil Palm Research, among others.
