• About us
  • Advertise
  • Privacy & Policy
  • Contact
Tuesday, June 24, 2025
  • Login
NewsPeg Magazine logo
  • Home
  • News
    • World
    • Business
    • Politics
  • Technology
  • Entertainment
    • Sports
  • Lifestyle
    • Health
No Result
View All Result
  • Home
  • News
    • World
    • Business
    • Politics
  • Technology
  • Entertainment
    • Sports
  • Lifestyle
    • Health
No Result
View All Result
NewsPeg Magazine logo
No Result
View All Result
Home News

FRC Chairman Receives SERDEC Delegation, Pledges Stronger Partnership on Fiscal Transparency

Admin by Admin
May 8, 2025
in News
Reading Time: 3 mins read
0
Share on FacebookShare on TwitterShare on Whatsapp

By Nkechi Eze

The Executive Chairman of the Fiscal Responsibility Commission (FRC), Victor Muruako, Esq., has restated the Commission’s commitment to transparency, accountability, and enhanced collaboration with civil society organisations. He gave the assurance during an advocacy visit by the Socio-Economic Research and Development Centre (SERDEC) to the Commission’s headquarters in Abuja.

Head strategic communications, Bede Anyanwu Ogueri, in an official signed statement disclosed that the visit, led by SERDEC’s Executive Director, Tijani Abdulkareem, was part of the organisation’s ongoing engagement under the Open Government Partnership (OGP) initiative, aimed at strengthening institutional cooperation to advance fiscal openness and responsible public financial management in Nigeria.

Speaking on behalf of his delegation, Abdulkareem outlined the purpose of the visit, which included exploring alignment between the Commission’s statutory mandate and the OGP’s commitments, proposing partnership on fiscal transparency projects, and presenting a series of strategic recommendations to strengthen public engagement and digital innovation within the Commission.

“SERDEC recognizes the pivotal role FRC plays in enforcing fiscal discipline, monitoring public expenditure, and ensuring budget compliance,” he said. “These functions directly support the goals of the OGP, especially in promoting transparency, anti-corruption, and citizen participation.”

Abdulkareem noted that deeper collaboration with the Commission would help make its reports and fiscal data more accessible to the public in simplified formats. He also called for regular civil society engagement forums, joint public education on budgeting and fiscal laws, support for open budget platforms at the sub-national level, and partnership in tracking grassroots budget implementation and compliance.

In his response, Chairman Muruako welcomed the visit and expressed the Commission’s readiness to work with SERDEC and other organisations committed to fiscal reform and public accountability. He highlighted the FRC’s existing role in anti-corruption efforts through its membership in the Technical Unit on Governance and Anti-Corruption Reform (TUGAR), noting that the agency has remained active in promoting transparency across public institutions.

He also commended the fiscal reform agenda of President Bola Ahmed Tinubu and declared his full support for the push for Local Government autonomy. However, he stressed the importance of capacity building, particularly in local councils.

“Local government officials must first be trained in budgeting and fiscal responsibility to ensure effective implementation,” he said.

Muruako acknowledged the broad mandate of the Commission but pointed to financial limitations affecting its performance. “The Commission has a broad mandate but faces financial constraints in fulfilling its responsibilities,” he said.

He disclosed that efforts are currently underway to amend the Fiscal Responsibility Act, 2007, in order to strengthen the Commission’s powers and boost revenue generation into the Consolidated Revenue Fund.

Reiterating the Commission’s openness to collaboration, Muruako assured the SERDEC team that, “Our collaboration machinery is ready and waiting. We look forward to working together to achieve our shared vision of open and accountable governance.”

The visit is seen as a key milestone in the ongoing drive to deepen civil society and government collaboration around Nigeria’s fiscal governance, transparency, and inclusive participation in public financial management.

ShareTweetSend
Previous Post

INEC Refutes Reports on LP, PDP Executives

Next Post

NYSC DG Urges Corps Members to Embrace Host Cultures, Uphold Discipline

Admin

Admin

Related Posts

NIMC Trains Corps Members for Nationwide NIN Ward Enrollment Initiative
News

NIMC Trains Corps Members for Nationwide NIN Ward Enrollment Initiative

June 24, 2025
Minister of Women Affairs Marks Day of the African Child with Call for Urgent Investment in Nigeria’s Children
News

Minister of Women Affairs Declares National Commitment to Justice, Dignity and Empowerment for Widows

June 23, 2025
Legal Practice Is Constantly Shaped by What Practitioners Do or Fail to Do  – ICPC Chairman
News

Legal Practice Is Constantly Shaped by What Practitioners Do or Fail to Do  – ICPC Chairman

June 23, 2025
Next Post

NYSC DG Urges Corps Members to Embrace Host Cultures, Uphold Discipline

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Editor's Choice

NIMC Trains Corps Members for Nationwide NIN Ward Enrollment Initiative

NIMC Trains Corps Members for Nationwide NIN Ward Enrollment Initiative

June 24, 2025
Allegations of Military Sabotage in Yelwata Baseless – Defence Headquarters”

DHQ Refutes Misrepresentation of CDS Remarks, Reaffirms Commitment to Peace and Accountability

June 24, 2025
  • Trending
  • Comments
  • Latest

NAVY CAPTAIN A. MNGUVE UNVEILS THREE INSPIRATIONAL BOOKS IN LITERARY TRIUMPH

May 7, 2025

DICON-D7G Nigeria Limited Board Inaugurated to Enhance National Security and Self-Reliance

March 19, 2025

Coalition Dismisses Arrest Warrant Claim Against Aisha Achimugu

March 18, 2025
CACO Launches Nigeria Localization Barometer Project in Abuja

CACO Launches Nigeria Localization Barometer Project in Abuja

November 11, 2024

MEDIA FOUNDATION SEEKS UPGRADED DIGITAL INFRASTRUCTURE IN NIGERIA

4

Easter/Eid-el-Fitr: FRSC Records Massive Reduction in Road Crashes.

2
GSAI TRAINS JOURNALISTS TO INTENSIFY ENGAGEMENTS REVOLVING AROUND INVOLVEMENT OF WOMEN IN POLITICS AND GOVERNANCE

GSAI TRAINS JOURNALISTS TO INTENSIFY ENGAGEMENTS REVOLVING AROUND INVOLVEMENT OF WOMEN IN POLITICS AND GOVERNANCE

2

IDENTIFYING BARRIERS TO WOMEN’S POOR REMUNERATIONS, IT’S EFFECTS ON HOUSEHOLD.  LACK OF INCLUSIVE LABOUR LAWS?

2
NIMC Trains Corps Members for Nationwide NIN Ward Enrollment Initiative

NIMC Trains Corps Members for Nationwide NIN Ward Enrollment Initiative

June 24, 2025
Allegations of Military Sabotage in Yelwata Baseless – Defence Headquarters”

DHQ Refutes Misrepresentation of CDS Remarks, Reaffirms Commitment to Peace and Accountability

June 24, 2025
Expert Calls for Harmonization of Nigeria’s Fiscal and Monetary Policies

Expert Calls for Harmonization of Nigeria’s Fiscal and Monetary Policies

June 24, 2025
6 Brigade Deploys Non-Kinetic Strategy to Broker Peace Between Tiv and Fulani Communities in Taraba

6 Brigade Deploys Non-Kinetic Strategy to Broker Peace Between Tiv and Fulani Communities in Taraba

June 23, 2025
NewsPeg Magazine

Newspeg is a General interest Magazine conceived by Nigerian Media practitioners of like minds across ethnic and geo-political divides of the country, for the purpose of creating uniqueness in Magazine reporting in Nigeria and repositioning the country for the needed growth.

Follow Us

  • About us
  • Advertise
  • Privacy & Policy
  • Contact

© 2024 Newspeg magazine - powered by Vecrit.

No Result
View All Result
  • Home
  • News
    • Business
    • World
  • Technology
  • Entertainment
  • Lifestyle
  • Editorial
  • Columns
  • More

© 2024 Newspeg magazine - powered by Vecrit.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In