The Executive Chairman of the Fiscal Responsibility Commission (FRC), Victor Muruako, has emphasized the need for strict adherence to the Fiscal Responsibility Act 2007 across all tiers of government, as part of efforts to promote transparency, accountability, and sound fiscal management in Nigeria. Muruako made this call during the public presentation of the Transparency and...
In a move aimed at reinforcing fiscal accountability and promoting transparency in Nigeria’s public finance management, the Fiscal Responsibility Commission (FRC) has announced its readiness to collaborate with BudgiT, a leading civic technology organization focused on transparency in governance. The development was confirmed during a strategic meeting held at the FRC headquarters in Abuja, where...
In a move to strengthen inter-agency collaboration, the Executive Chairman of the Fiscal Responsibility Commission (FRC), Victor Muruako, Esq., paid a courtesy and working visit to the Permanent Secretary (Special Duties), Mr. Raymond Omenka Omachi at the Federal Ministry of Finance headquarters in Abuja. Mr. Muruako was accompanied by the Director of Finance and Accounts...
The Executive Chairman of the Fiscal Responsibility Commission (FRC), Victor Muruako Esq., has paid a courtesy visit to the newly appointed Accountant General of the Federation, Shamsedeen Babatunde Ogunjimi, at his office in Abuja. During the visit, Muruako emphasized the need to strengthen inter-agency collaboration between the two bodies, describing the engagement as a step...
In a fervent appeal for enhanced fiscal governance, the Executive Chairman of the Fiscal Responsibility Commission, Victor Muruako Esq., has urged Nigerian states with existing fiscal responsibility laws to promptly implement them. Speaking at the launch of the Subnational Audit Efficiency Index 2924 hosted by the Paradigm Leadership Support Initiative at the Shehu Musa Yar’Adua...
The Chairman of the Presidential Fiscal Policy and Tax Reform Committee, Dr. Taiwo Oyedele, has reaffirmed the crucial role of the Fiscal Responsibility Commission (FRC) in driving Nigeria’s fiscal and tax reform agenda. In the course of a working visit to FRC’s Executive Chairman and management team in Abuja, Dr. Oyedele emphasized the Commission’s strategic...
The Executive Chairman of the Fiscal Responsibility Commission (FRC), Victor Muruako, has commended the newly developed Nigerian Public Sector Governance Code (NPSGC). Speaking at a stakeholder engagement organized by the Financial Reporting Council (FRCN), Muruako while praising the thoroughness of the document, however called for greater alignment with the Fiscal Responsibility Act (FRA) 2007. He...
The Fiscal Responsibility Commission (FRC) has expressed its full support for the proposed Tax Reform Bill currently undergoing a public hearing at the House of Representatives. Speaking at the session, the Executive Chairman of FRC, Victor Muruako, Esq., emphasized that the objectives of the bill align closely with the provisions of the Fiscal Responsibility Act,...
The Executive Chairman of the Fiscal Responsibility Commission (FRC), Victor Muruako, has called for fiscal sustainability from the Federal Government down to the Local Government Level. He made this call on Tuesday in Abuja at the ongoing 5th Edition of the National Treasury Workshop, according to a statement issued by the Head of the Commission’s Strategic...
The Fiscal Responsibility Commission (FRC), has commenced its 2025 Knowledge-Sharing Series, focusing on “A Budgetary Reform Initiative for Achieving Good Governance in Nigeria: Eliminating Fiscal Irresponsibility.” Delivering his keynote address, Dr. Emeka Ejikonye, a Specialist in Public Budgeting and Principal Consultant/CEO of ReGo Consulting, urged Public Servants to avoid “tunnel vision governance” and instead engage...
