Why ICAN Honored Olowo of FRC By Abubakar Yusuf In 2022, Dr. Rabiu Onaolapo Olowo, then Lagos State Commissioner for Finance, received international recognition for his remarkable achievements under the age of 40. His impactful contributions in both the private and public sectors, particularly during his...

FRC in Collaboration to Strengthen Nigeria’s Corporate Governance - IoD The Institute of Directors Nigeria (IoD), in a strategic collaboration seen at strengthening Nigeria’s corporate governance space, recently paid a courtesy visit to the Financial Reporting Council of Nigeria (FRC) in Lagos. Ije Jidenma, President and...

FRC, FRSC Boss In Counterclaims Over N5.1bn Remission To Federation Account       The Fiscal Responsibility Commission has alleged that the Federal Road Safety Corps is yet to remit N5.1bn into the Federation Account from 2016 to 2019. FRC made the allegation on Wednesday in Abuja at the...

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...

FRC Boosts FG’s Revenue With N1.7trn Since 2007         Since 2007 to date, the Fiscal Responsibility Commission (FRC) caused over N1.7 trillion to be remitted to the Consolidated Revenue Fund (CRF) of the Federal Government To harvest more revenue into the CFR, the FRC is proposing amendments...