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Fiscal Responsibility Commission

Report: N1.2 trillion cash backed for capital expenditure in 2016

The Fiscal Responsibility Commission says out of the N1.58 trillion allocated for capital expenditure in 2016, only N1.219 trillion was cash backed.

Experts: Budget cycle inconsistency hindering economic, development

Over the years, the nation’s budget cycle has been inconsistent without a definite pattern, giving room for speculations and poor implementation.

FRC: 2018 budget passage a relief to the nation

Mr Victor Muruako, Acting Chairman, Fiscal Responsibility Commission (FRC), says the passage of the 2018 Appropriation Bill by the National Assembly is a relief to the nation.

Governor El-Rufai swears-in 3 new commissioners, others

Gov. Nasir El-Rufai of Kaduna State on Monday swore-in three new commissioners and 13 heads of agencies, saying the administration has only 18 months to deliver on its mandate.

Governor El-Rufai reshuffles cabinet, appoints two new commissioners

Governor Nasir El-Rufai of Kaduna state has reshuffled his cabinet and appoint two new commissioners into the State Executive Council.

Adamawa Assembly jerks up 2018 budget by N15 billion

The Adamawa House of Assembly on Thursday approved the 2018 budget of N177.9 billion.

FRC seeks speedy completion of federal secretariat project in Yenagoa

The Fiscal Responsibility Commission (FRC) on Wednesday expressed concern over the delay in completion of Federal Secretariat Complex in Yenagoa, Bayelsa capital.

FRC urges communities to monitor, own federal projects

Mr Victor Muruako, the acting Chairman of Fiscal Responsibility Commission (FRC), has urged Nigerians to assist the Federal Government in monitoring projects in their localities.

FRC inspects 2015/2016 federal projects in South East

The Fiscal Responsibility Commission (FRC) is currently inspecting ongoing federal projects for 2015/2016 fiscal years in some states in the South-East to ensure quality service delivery to the people.

FRC faults handling of N734 million irrigation project in Barkin-Ladi

A project verification team from the Fiscal Responsibility Commission has expressed dissatisfaction over the handling of the N734 million Barkin-Ladi Irrigation Scheme project in Plateau.

N17bn Otukpo dam project abandoned after full payment

A project verification team from the Fiscal Responsibility Commission has accused SCC Nigeria Ltd, handlers of the N17.1 billion Otukpo Multipurpose Dam Project in Benue, of abandoning work after receiving full payment.

FRC tasks ABU teaching hospital on due process, TSA compliance

The Fiscal Responsibility Commission (FRC) on Wednesday expressed displeasure over non compliance with the Federal Government’s directive on Treasury Single Account (TSA) by the management of Ahmadu Bello University Teaching Hospital (ABUTH) Zaria.

2018 Budget: FRC chief Victor Muruako urges federal govt to consolidate on agricultural gains

Acting Chairman, Fiscal Responsibility Commission (FRC), Mr Victor Muruako, has advised the Federal Government to consolidate on the gains in the agricultural sector to realise its projections for the 2018 budget.

Governor Umahi orders probe into alleged Ebonyi pension scam

Governor David Umahi of Ebonyi has ordered a probe into allegations of malpractices in the payment of pensions of retired civil servants in the state.

Fed govt withdrew N359.39bn from ECA for fuel subsidy – FRC

The Federal Government withdrew the sum of N359.39bn from the Excess Crude Account in 2015 to fund the payment of petroleum products subsidy in 2015, the Fiscal Responsibility Commission has said.

Fed govt agencies remitted N687.82bn operating surplus in 9 years

Agencies of the Federal Government have remitted a total of N687.82bn to the Consolidated Revenue Fund in nine years, the Fiscal Responsibility Commission has said in a report.

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