• About us
  • Advertise
  • Privacy & Policy
  • Contact
Friday, December 26, 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 Advocates Stronger Fiscal Discipline and Transparency Across Government Tiers

Admin by Admin
May 28, 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, has called for strict compliance with the Fiscal Responsibility Act 2007 across all levels of government as a crucial step toward strengthening transparency, accountability, and effective public financial management in Nigeria.

According to an official signed statement by Bede Ogueri Anyanwu, spokesperson for the Commission, Muruako made this charge during the public unveiling of the 2025 Transparency and Integrity Index Methodology. The event, which took place at the Federal Ministry of Finance in Abuja, was organized by the Bureau of Public Service Reforms (BPSR) in partnership with the Centre for Fiscal Transparency and Public Integrity (CEFTPI).

Speaking to representatives of public institutions and state governments, Muruako urged Ministries, Departments, and Agencies (MDAs), as well as sub-national governments, to adopt the Index as a strategic instrument for institutional growth rather than merely a procedural exercise.

“This event marks a crucial step in our collective journey toward deepening accountability, transparency, and ethical governance across Nigeria’s public institutions,” Muruako said. “Transparency is not an abstract ideal, it is a practical necessity and the foundation upon which sound public finance management is built.”

He commended the 2025 methodology for placing emphasis on core governance pillars and aligning with critical legislative frameworks such as the Fiscal Responsibility Act, Freedom of Information Act, and Public Procurement Act. According to him, this alignment enhances cooperation among regulatory bodies, MDAs, and other stakeholders in the accountability ecosystem.

“We encourage all MDAs and sub-national entities to embrace this initiative as an opportunity for institutional reform. By actively engaging with the Index, we move closer to a governance culture that prioritizes transparency, performance, and citizen-focused service delivery,” Muruako added.

He further reiterated the Commission’s support for President Bola Ahmed Tinubu’s economic reform agenda, particularly efforts aimed at revitalizing local government structures and institutionalizing fiscal discipline nationwide.

Director-General of the Bureau of Public Service Reforms, Dr. Dasuki Arabi, echoed similar sentiments during his remarks, describing the Index as a tool for identifying high-performing institutions and promoting openness in government operations. “The methodology supports freedom of information, enhances service delivery, and promotes the ease of doing business,” he said.

Representing the Secretary to the Government of the Federation, Senator George Akume, was Dr. Moris Mbaeri, who emphasized the need for stronger financial systems and accountability mechanisms across all levels of governance.

Delivering the keynote presentation, Dr. Umar Yakubu, Executive Director of CEFTPI, outlined the five core components used to assess public institutions: financial disclosures, procurement transparency, human resources management, anti-corruption measures, and citizen engagement.

The event brought together key stakeholders, including representatives from the Economic and Financial Crimes Commission (EFCC), Nigeria Customs Service, and several MDAs. Muruako also commended the BPSR for organizing a capacity-building session for officials of the Gambian Ministry of Public Service, facilitated by the FRC.

The gathering reaffirmed a shared commitment to advancing good governance, institutional transparency, and fiscal responsibility throughout Nigeria’s public sector.

ShareTweetSend
Previous Post

NAF Launches Relentless 24-Hour Air Assault on Terror Hideouts, Vows No Safe Haven for Enemies of Nigeria

Next Post

Eight Suspected Internet Fraudsters Arrested by EFCC in Abia State

Admin

Admin

Related Posts

IGP lauds STS as police smash criminal networks, arrest 22 suspects, recover firearms and other exhibits nationwide
News

IGP lauds STS as police smash criminal networks, arrest 22 suspects, recover firearms and other exhibits nationwide

December 26, 2025
Texas-Based Security Think Tank Honours NDLEA Chairman Marwa As Security Leader Of The Year 2025
News

Texas-Based Security Think Tank Honours NDLEA Chairman Marwa As Security Leader Of The Year 2025

December 25, 2025
NEMA Launches Operation Eagle Eye 2025 to Enhance Road Safety During Yuletide
News

NEMA Launches Operation Eagle Eye 2025 to Enhance Road Safety During Yuletide

December 24, 2025
Next Post

Eight Suspected Internet Fraudsters Arrested by EFCC in Abia State

Leave a Reply Cancel reply

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

Editor's Choice

Texas-Based Security Think Tank Honours NDLEA Chairman Marwa As Security Leader Of The Year 2025

Texas-Based Security Think Tank Honours NDLEA Chairman Marwa As Security Leader Of The Year 2025

December 25, 2025
Commander Corps Of Artillery Assesses OPHK Operations, Reaffirms Sustained Firepower Support In North-East

Commander Corps Of Artillery Assesses OPHK Operations, Reaffirms Sustained Firepower Support In North-East

December 25, 2025
  • Trending
  • Comments
  • Latest
Imo Monarch Raises Alarm as 22-Year-Old Abandoned Road Threatens to Cut Off Okwuohia Community

Imo Monarch Raises Alarm as 22-Year-Old Abandoned Road Threatens to Cut Off Okwuohia Community

August 26, 2025
NIMC Trains Corps Members for Nationwide NIN Ward Enrollment Initiative

NIMC Trains Corps Members for Nationwide NIN Ward Enrollment Initiative

June 24, 2025
FG Rescues 11 Nigerian Miners Stranded in Central African Republic, Brings Them Home Safely

FG Rescues 11 Nigerian Miners Stranded in Central African Republic, Brings Them Home Safely

August 15, 2025

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

May 7, 2025

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
Texas-Based Security Think Tank Honours NDLEA Chairman Marwa As Security Leader Of The Year 2025

Texas-Based Security Think Tank Honours NDLEA Chairman Marwa As Security Leader Of The Year 2025

December 25, 2025
Commander Corps Of Artillery Assesses OPHK Operations, Reaffirms Sustained Firepower Support In North-East

Commander Corps Of Artillery Assesses OPHK Operations, Reaffirms Sustained Firepower Support In North-East

December 25, 2025
Chief of Army Staff extends Christmas and New Year goodwill, reaffirms commitment to professionalism and troop welfare

Chief of Army Staff extends Christmas and New Year goodwill, reaffirms commitment to professionalism and troop welfare

December 25, 2025
Ex-Bankers Jailed for Diverting N10.3 Million from Pensioners’ Accounts in Enugu

Ex-Bankers Jailed for Diverting N10.3 Million from Pensioners’ Accounts in Enugu

December 24, 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