NewsFRC Organises retreat on fiscal discipline

November 12, 2024by PG0

The Fiscal Responsibility Commission organised a two-day sensitisation retreat to drive fiscal discipline and good governance in North-Central Nigeria.

The retreat, themed ‘The Impact of Transparency and Accountability on Sub-National Development in North Central Nigeria,’ was held from Thursday 7th to Friday 8th Nov 2024, in Abuja.

A statement signed by the Head of Strategic Communications Directorate, Fiscal Responsibility Commission, Bede Anyanwu, indicated that the retreat brought together key stakeholders from the North-Central region.

State Commissioners for Finance, Budget, and Economic Planning, State Accountant Generals, Debt Management Officials, Auditors-General, Permanent Secretaries, State Fiscal Responsibility Institutions, Anti-Ccorruption Institutions, State Directors and Coordinators, and Civil Society Organisations also attended the event.

Key topics covered include ‘Unlocking Sub-National Potentials: Exploring the role of transparency and accountability in attracting investment and driving economic growth.’

Others are ‘The Power of Money Bills: Understanding how money bills can enhance transparency and accountability in public finance management,’ ‘Decoding the Fiscal Responsibility Act: Deep-diving into the FRC’s role in ensuring fiscal discipline and accountability,’ and ‘Emotional Intelligence and Fiscal Responsibility: Examining the impact of emotional intelligence on effective fiscal management.’

This North-Central retreat is part of a nationwide series of sensitisation programmes initiated by the FRC. Similar events have been successfully held in the North-East, South-West, South-South, and South-East geopolitical zones.

Through this series of sensitization programmes, the Commission said that it aims to empower Subnational Governments to make informed decisions, optimize resource allocation, and ultimately improve the lives of Nigerian citizens.

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