The Fiscal Responsibility Commission (FRC), has said that through its statutorily defined activities it facilitated federal agencies to remit N2.6 trillion to the federation account in 12 years. The commission’s Chairman, Chief Victor Muruako, who gave this hint on Monday at the opening of a five-day capacity building training for Fiscal Responsibility Boards of Kaduna […]
The Fiscal Responsibility Commission has disclosed that most ministries, departments and agencies of government failed to remit about N1.2 trillion to to the Consolidated Revenue Funds of the Federal Government as required by law and fiscal regulations. The Acting Chairman of the commission, Barrister Victor Muruako, who gave this hint on Monday, explained that the […]
A coalition of Civil Society Organisations (CSOs) has called on the Federal Government to collapse the Excess Crude Account, ECA, and 0.5 percent stabilization account into the Sovereign Wealth Fund (SWF) The group gave this advice at a roundtable which focused on Savings and Stabilisation Mechanism for Nigeria organized by one of them – the […]