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...
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...
