Mandate

The mandate of the Committee is to advice the government on all matters pertaining to the general administration of State Corporations as spelt out in section 27 of the Act but also in several other sections of the act bestowing altogether a total of seventeen (17) statutory functions

Mission, Vision, Goals and Values

During the first term in office SCAC firmed up its mandate and articulated its mission, vision and goals.

Mission

To provide leadership in development and implementation of systems and procedures for ensuring efficient management of State Corporations

Vision

To be the preferred facilitator for the development of dynamic and vibrant State Corporations that contribute meaningfully to the development of the country in a sustainable and cost effective manner

Our Statutory functions

• Review and investigate the affairs of State Corporations and make such recommendations to the President as it  may deem fit.

• In consultation with the Attorney General and the Treasury, Advice the President on the establishment, re-organization or dissolution of State Corporations.

• Where necessary, advice on the appointment, removal or transfer of officers and staff of State Corporations, the secondment of public officers to the state corporations and the terms and conditions of any appointment, removal, transfer or secondment.

• Examine any management or consultancy agreement made or proposed to be made by a State Corporation with any other party or person and advise thereon.

• Examine proposals by State Corporations to acquire interests in any business or to enter into joint ventures with other bodies or persons  to undertake new business or otherwise expand the scope of the activities and advise thereon.