Fiscal Responsibility Commission
"Fiscal responsibility or fiscal sustainability is at the core of good governance; it is all about translating democratic practices into the fiscal arena , to manage resources in a way that meets the needs of present and future generations, to create wealth and ensure that it is retained for the good of the society"
Barr. Victor Muruako Esq
Executive Chairman
Barr. Victor Muruako Esq
Executive Chairman
About The FRC
Who we are
The Fiscal Responsibility Commission (FRC) was established by the Fiscal Responsibility Act, 2007, to ensure the implementation of its provisions.
Mandate
To monitor and enforce the provisions of the Act, which provides for the prudent management of the nation’s resources,
Our Functions
The mandate of the Fiscal Responsibility Commission is encapsulated in Section 3 of the FRA, 2007, which specifies the functions of the Commission thus:
Mission and Vision
To ensure that revenue – raising policies, resource allocation decisions and debt management decisions are undertaken
READ OUR ARTICLESNews and Updates
READ OUR BLOGNews and Updates
Fiscal Responsibility Act and Reports
FISCAL RESPONSIBILITY ACT, 2007 2007 ACT No. 31
An Act to provide for prudent management of the Nation’s Resources, ensure LongTerm Macro-Economic stability of the National Economy, secure greater accountability
and transparency in Fiscal operations within the Medium Term Fiscal Policy Framework,
and the establishment if the Fiscal Responsibility Commission to ensure the promotion
and enforcement of the Nation’s Economic objectives; and for related matters.
The Annual Report
Scheduled CorporationsGrowing list of Agencies
In 2012 and 2016 respectively, six (6) and ninety-two (92) Scheduled Corporations were added, bringing the number of Scheduled Corporations to One hundred and twenty-two (122
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Do you have a question to ask?Get In Touch
Head Office
93 Yakubu Gowon Crescent, Asokoro District, Abuja
+234 8149095640
info@frc.gov.ng