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Published articles on the activities of the Fiscal Responsibilities Commission
FRC: 32 MDAs Failed to Remit N1.2trn to CRF

The Fiscal Responsibility Commission (FRC) has accused about 32 government agencies of failing to remit their 80 per cent operating surplus to the Consolidated Revenue Fund (CRF), thereby hindering accurate determination of operating surplus liabilities and diminishing accountability and transparency in handling government revenue. The commission said over N1.2 trillion in revenue was still being...

32 MDAs Yet To Remit N1.2trn To Federal Govt

The Fiscal Responsibility Commission (FRC) has said that 32 government agencies have failed to remit over N1.2 trillion to the Consolidated Revenue Fund (CRF) as required by extant law. This figure, according to the FRC represents 80 per cent operating surplus to the CRF. The executive chairman, Fiscal Responsibility Commission, Mr Victor Muruako, stated this...

FRC Seeks Imprisonment To Heads Of MDAs Robbing FG Of Funds

The Fiscal Responsibility Commission (FRC) on Wednesday revealed that the commission is planning an amendment to its ACT, established in 2007 to secure imprisonment to heads of Ministries, Departments and Agencies (MDAs), robbing the Federal Government (FG) of statutory funds. The Executive Chairman of the Commission, Victor C. Muruako who disclosed this while briefing House...

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