OrderPaperToday – The Fiscal Responsibility Commission (FRC) has sought partnership with the Ministry of Education in order to create awareness on fiscal responsibility initiatives in tertiary institutions.
The Executive Chairman of the Commission, Barr. Victor Muruako made this known during a courtesy visit to the Minister of State for Education, Mr. Chukwuemeka Nwajiuba in his office, during the week.
In his address, the Fiscal Responsibility boss described the initiative as an intellectual exercise, revealing that a survey of National Youth Service Corp (NYSC) members and selected lecturers showed an abysmal knowledge of fiscal responsibility which is obviously not in the curriculum of the tertiary institutions.
Muruako also congratulated the minister for his ministry’s successful handling of the twin challenges of ASUU strike and COVID 19 pandemic in 2020, saying: “It is clear that if it were not for specially endowed people like him and the Honorable Minister of Education, Malam Adamu Adamu, the Higher Education sector could have crumbled in 2020.”
While receiving the FRC delegation, the minister expressed his happiness on the work the FRC has been doing in regards to ensuring fiscal discipline in governmental expenditure.
He requested that the Commission come up with a template that will enable the Ministry and the FRC collaborate for the purpose of creating awareness on the Fiscal Responsibility Act, 2007 within tertiary institutions and the education sector generally.
Recall that the FRC had earlier this month partnered with the Office of the Auditor General of the Federation in order to plug fiscal and revenue leakages in the country.