Sunday, 25 March 2018

Accounts session:


Ndu Council Laments Drastic Drop in Revenue
Councilors of the Ndu council have adopted the 2017 administrative, management and stores accounts. This was on 20 March 2018 in the Ndu council hall.
            In his remarks while opening the session, the mayor of Ndu, Bunyui Emmanuel Nyugap disclosed that the 2017 accounts witnessed a drastic drop which he blamed on the current crisis in the North West and South West region.
            Bunyui said the sum of FCFA 445.338.247 was collected as revenue in 2017 down from FCFA 571.484.058) of 2016. He noted that Ndu council suffers the same challenges like most councils in Cameroon given that the council is unable to generate up to 15% of its projected revenue.

            The mayor regretted that like many councils in the NW region the Ndu council is yet to come up with strategies to generate revenue locally thus compelling it to rely on extraneous sources like the State, FEICOM and PNDP for much-needed revenue.
            A rundown of income in 2017 was as follows: Brought forward from 2016- 41.840.253; Local collection - 48.132.054; State transfer credits - 60.550.626; Transfer from FEICOM - 272.715.831; PNDP funds - 22.099.483. Meanwhile, the total expenditure stood at 397.890.889.
            In his closing remarks, the SDO for Donga Mantung Nkwenti Simon Doh used the forum to call on the councilors, council executive and the staff to develop strategies to generate more revenue locally. He said the council should be able to generate at least 50% of its revenue locally in order to be sustainable.

No comments:

Post a Comment