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 Fiscal Responsibility Commission (FRC), on Monday April 22, 2024 hosted esteemed guests from ANAN University Business School, including Dr. Stephine N. Sende and Muhammad Hadi Musa, alongside postgraduate students, at the Commission’s conference room. The visit aimed to deepen the student’s understanding of the FRC’s pivotal role in the nation’s governance. Victor Muruako, Esq....
Lagos, Nigeria – 08 Oct. 2023 Lending to States: SGF Charges Banks to Follow the Fiscal Responsibility Act – As FRC urges banks to comply with Section 45 of Fiscal Responsibility Act in their lending practices The Secretary to the Government of the Federation (SGF) Senator George Akume has charged banks to follow...
The Federal Government has called on the Fiscal Responsibility Commission (FRC), to ensure prompt remittance of revenues to the Consolidated Revenue Fund (CRF) by all Ministries, Departments and Agencies (MDAs). Mr Zacchaeus Adedeji, Special Adviser on Revenue to President Bola Tinubu, made the call during a visit to the Chairman, FRC, Mr Victor Muruako, on...
The Chairman of the Fiscal Responsibility Commission (FRC), Victor Muruako, has charged stakeholders in Nigeria’s governance to double efforts in checkmating the menace of corruption in the country to pave the way to attaining economic development and prosperity. In a goodwill message at the commemoration of the African Union Anti-corruption Day 2022 which was held...
The process for the amendment of the Fiscal Responsibility Act is currently before the National Assembly. It is however imperative that the National Assembly concludes the process and hand over to the President for assent before the advent of a new administration come 2023. The importance of the Fiscal Responsibility Act cannot be overemphasized. The...
