FRC Facilitates Over N600bn Revenue Increment   The Fiscal Responsibility Commission (FRC) said it has facilitated over N600 billion revenue increment for the federal government. The chairman of the commission, Chief Victor Muruako, disclosed this during the opening of a five-day capacity building session for the chairmen...

FRC Targets N3trn Operating Surplus From MDAs In 2022   The Fiscal Responsibility Commission (FRC) is targeting no less than N3 trillion operating surplus from Ministries, Departments and Agencies (MDAs) next year. When realised, such funds will be remitted into the Federal Government Consolidated Revenue Funds in...

FG Released N1.95trn To MDAs For Capital Projects In 2020 - FRC   Over N1.95 trillion was released and cash-backed to ministries, departments and agencies (MDAs) by the Federal Government in its 2020 budget implementation. This was contained in the 2020 Fiscal Responsibility Commission’s (FRC) yearly report...

Over N2trn Remitted Through Our Work, Says FRC Boss       The Fiscal Responsibility Commission (FRC) says it has caused over N2tn to be remitted into Consolidated Revenue Account federation account since inception in 2007. The chairman of the commission, Victor Muruako stated this when he appeared before...

MDAs Failed To Account For N1.2trn – FRC       The Fiscal Responsibility Commission has said ministries, departments and agencies of the Federal Government are withholding about N1.2trn. The commission said this is according to audit reports of some MDAs and unaudited accounts of others. The FRC also said...

FG Generated N2.15trn From MDAs Operating Surplus - FRC       The Fiscal Responsibility Commission said it caused Ministries, Departments and Agencies to remit over N2.15tn into the Consolidated Revenue Fund of the Federal Government as operating surpluses over the past 11 years. FRC Chairman, Victor Muruako, said...