SENATE PLANS TO AMMEND FRA, 2007 Senate has passed a resolution based on the Medium Term Expenditure Framework (MTEF) report to amend the Fiscal Responsibility Act, 2007. The Chairman, of the Senate Committee on Finance, Senator Muhammed Sani Musa stated this during the ongoing 2023 budget defense and 2024 budget presentation at the National Assembly....
https://blueprint.ng/frc-chairman-proposes-formula-for-subnational-debt-sustainability/ The executive chairman of the Fiscal Responsibility Commission (FRC), Victor Muruako, Esq., has proposed a formula for achieving sustainable debt levels and profiles for sub-national governments. Speaking at a one-day dialogue on Fiscal Responsibility and Debt Sustainability organised by the OrderPaper Advocacy Initiative (OAI) in partnership with the FRC, Abuja, and the Kwara State...
FRC BOSS VISITS SPORTS MINISTER, UNFOLDS ACHIEVEMENTS. … Stresses the need to amend FRA 2007 Act to provide sanctions for infractions… The Chairman, Fiscal Responsibility Commission, Victor Muruako, Esq led a delegation of the Management of the Commission to a courtesy visit to the Honourable Minister of Sports, Honourable John Owan Enor in his office...
https://newsdotafrica.com/imf-director-eva-jenkner-visits-fiscal-responsibility-commission-mulls-partnership/ IMF DIRECTOR, Eva Jenkner VISITS FISCAL RESPONSIBILITY COMMISSION… Mulls Partnership. November 22, 2023 news-admin 0 Comments Oru Leonard The Director of, African Regional Technical Assistance Center for West Africa 2 (AFRITEC West 2) Eva Jenkner paid a one-day working visit to the Fiscal Responsibility Commission (FRC) today at the Commission’s office in Abuja. Eva Jenkner said...
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 Secretary to the Government of the Federation (SGF), Sen. George Akume has called on banks to follow provisions of the Fiscal Responsibility Act (FRA) when lending to Governments in the Federation and their institutions. A statement by Bede Anyanwu, Head of Strategic Communications at the Fiscal Responsibility Commission (FRC) said Akume made the call...
https://nannews.ng/2023/10/04/fiscal-commission-to-engage-stakeholders-on-implementation-of-fra/ The Fiscal Responsibility Commission (FRC) said it will hold a Stakeholders dialogue, on the implementation of sections of the Fiscal Responsibility Act that relates to lending by banks to governments and public institutions. Mr Bede Anyanwu, FRC’s Head of Strategic Communications who stated this is in a statement on Wednesday in Abuja, said the...
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...
FRC Partners NUC, NBTE On Fiscal Responsibility Curriculum The Fiscal Responsibility Commission (FRC) said it has partnered with the National Universities Commission (NUC) and the National Board for Technical Education (NBTE)to design a curriculum on fiscal responsibility. The chairman of the commission, Mr Victor Muruako, made the disclosure in an interview with the News Agency...
