Its Executive Chairman, Victor Muruako, levelled the allegation at a one-day stakeholders dialogue in Lagos State.
Browsing: Fiscal Responsibility Commission
Its Chairman, Chief Victor Muruako, said this at the opening of a five-day capacity building training for Fiscal Responsibility Boards of Kaduna and Sokoto States.
The Members of the committee, chaired by Senator Solomon Adeola, wondered why the nominee was not accompanied by any staff of the commission.
Charles Abana, the leader of the team on Project Verification and Monitoring from the commission, made the disclosure when the team visited the site.
The News Agency of Nigeria reports that an FRC verification team, led by the Head of Monitoring and evaluation, Alhaji Bello Gulmare, on Monday visited the FMC for the verification of projects executed by the Federal Government.
Sule Unekwuojo, leader of the South West Monitoring and Evaluation Team of the commission, gave the advice during the verification of selected projects at the Federal Neuropsychiatric Hospital, Yaba, Lagos State.
The Fiscal Responsibility Commission has put the total net revenue of the 36 states and the Federal Capital Territory at N2.57 trillion, excluding the Internally Generated Revenue.
The Acting chairman of the Commission, Victor Muruako, disclosed this in the 2018 Annual Report and Audited Accounts of the commission
The commission’s Acting Chairman, Victor Muruako, gave the warning while inspecting some capital projects at the Federal Neuro Psychiatric Hospital in Benin on Friday.
The Fiscal Responsibility Commission says the ongoing Lagos-Ibadan standard gauge rail project has met the agency’s mandate of ensuring value for money and expected to be completed according to standards.
The Fiscal Responsibility Commission is seeking for increased and sustained funding for Federal Government establishments in Ebonyi State to execute its projects.
The Presidency, through the Fiscal Responsibility Commission on Tuesday visited the site of the Ojutu Bridge Project in Ilobu, Orolu Local Government of Osun.
The Fiscal Responsibility Commission on Tuesday said it has begun verification of the 2018/2019 Federal Government’s projects in the North East.
Only the Federal Government and the Lagos State Government accessed the Capital Market for bonds in 2017, a Fiscal Responsibility Commission report says.
About N11.59 billion was remitted as independent revenue into the Consolidated Revenue Fund in 2017, a report by the Fiscal Responsibility Commission has said.
The Fiscal Responsibility Commission says it will develop strategies that will fast-track remittance of surplus revenue into federal government coffers by line agencies in 2019.
Victor Muruako, the Acting Chairman, Fiscal Responsibility Commission, has charged some Federal Government agencies to remit operating surplus into the Consolidated Revenue Fund promptly.
According to the commission’s 2016 Annual Report and Audited Accounts obtained by the News Agency of Nigeria on Tuesday in Abuja, the cash backed amount indicates 97.75 per cent performance.
Muruako made this known while speaking with the News Agency of Nigeria on Tuesday in Abuja.
The figure is contained in the commission’s 2016 Annual Report and Audited Accounts made available to the News Agency of Nigeria on Tuesday in Abuja.