By Nkechi Eze
The Executive Chairman of the Fiscal Responsibility Commission (FRC), Victor Muruako, Esq., has reaffirmed the Commission’s unwavering commitment to promoting fiscal discipline, transparency, and prudent financial management in Nigeria. He gave the assurance during his participation at the Fourth Quarter Risk Roundtable (QRRT) held at Rockview Hotel, Abuja. The event was organized by the Chartered Risk Management Institute of Nigeria (CRMI) in collaboration with TAJBank.
According to a statement signed by the Deputy Director of Strategic Communications at the FRC, Bede Anyanwu, the high-level forum brought together regulators, operators, and professionals in the field of risk management to deliberate on emerging challenges and opportunities shaping both the Nigerian and global financial landscapes.
In her welcome address, Augustar Ehiaghalua noted that since its inception, the Quarterly Risk Roundtable has hosted over 5,000 participants, making it a critical platform for capacity building, knowledge exchange, and professional development in Nigeria’s risk management ecosystem. She added that this quarter’s edition focused on strengthening institutional capacity, deepening professional competence, and enhancing leadership in risk governance amid rapidly evolving business dynamics.
Delivering the keynote address, Dr. Jameelah Shirriff-Ayedun spoke on “Ethical Imperatives for Finance in a Digital-First World,” where she emphasized the central role of integrity, ethical decision-making, and value-based leadership in financial management, especially in an increasingly digitalized global economy.
Also speaking at the event, Mrs. Amal Haruna delivered a thought-provoking presentation on “Risk Governance and Strategic Growth in a Digital-First World.” She underscored the importance of well-structured risk management frameworks in fostering organizational resilience, sustainable growth, and long-term financial stability.
The Roundtable attracted participants from key regulatory and financial institutions, including the Central Bank of Nigeria (CBN), the Securities and Exchange Commission (SEC), First Bank of Nigeria, TAJBank, and other stakeholders within the financial and corporate governance sectors.
The Fiscal Responsibility Commission’s participation, according to the statement, aligns with its statutory mandate as provided under the Fiscal Responsibility Act (FRA) 2007, which charges the Commission with ensuring prudent management of national resources, promoting macroeconomic stability, and upholding transparency and accountability across all tiers of government.
The engagement, Muruako emphasized, reflects the Commission’s ongoing efforts to collaborate with stakeholders in strengthening Nigeria’s fiscal governance framework through a risk-informed approach to public financial management. He noted that the FRC remains committed to advancing a culture of accountability and sound financial governance that supports sustainable national development.
The Fourth Quarter Risk Roundtable, a flagship initiative of the Chartered Risk Management Institute of Nigeria, continues to serve as a strategic meeting point for policy-makers, regulators, and professionals dedicated to improving institutional resilience and promoting ethical financial practices across sectors.
