FRC Archives - OrderPaper

Ensure FG’s accountability to fix loopholes in public finances space – Epia

Sharon EboesomiJune 13, 20246 min

According to OrderPaper’s Epia, Nigeria’s debt increased by a startling 585% between 2015 and 2023, from N12.8 trillion to N87.91 trillion. The Executive Director, OrderPaper Advocacy Initiative, Oke Epia, has called on Nigerians to ensure government’s accountability in order to fix and block the loopholes and leakages in the public finances space. This is as he expressed hope that Nigeria’s economy will benefit from the amended Fiscal Responsibility Act (FRA), spurring growth and development. Epia...

RemTrack

Uphold accountability and prudent management of public resources – FRC charges private sector

Sharon EboesomiJune 7, 20244 min

OrderPaper organised a dialogue centred on the pivotal role of private sector engagement to address public finance management in Nigeria. The Executive Chairman of the Fiscal Responsibility Commission (FRC), Victor Muruako, Esq has called on the private sector to actively engage with the public sector to uphold accountability and prudent management of public resources. Muruako made this known while speaking at a private sector dialogue on public finance management and fiscal reforms on Monday, June...

National Assembly Politics

The GIFT Project, 2024 Budget and Strategies for Improved Public Finance Management

Korinjoh ReginaJanuary 6, 202410 min

As 2024 commences, the financial tension in the air is palpable. From the lingering effects of fuel subsidy removal, steady rise in inflation and prices of essential commodities, unabating corrupt practices, and poor public finance management, a lot is hinged on the successful implementation of the 2024 budget. To achieve this, the GIFT Project advocates effective citizen engagement, pragmatic parliamentary oversight, and urgent fiscal reforms to stir things in the right direction. The ceremonies leading...

House of Representatives

Reps tackle varsity commission for non-remittance of revenues

Elizabeth AtimeDecember 5, 20232 min

The varsity commission failed to convince the parliamentary committee that license fees and other revenues it generated were used for the purpose of visitation to private institutions The House of Representatives Committee on Finance has taken a swipe at the National Universities Commission (NUC) for under-reporting and failing to fully remit its Internally Generated Revenue (IGR) despite being fully funded by the federal government. The lawmakers also tackled the Commission over its failure to reflect...