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See Drama As Senate Confirms Victor Muruako As Fiscal Responsibility Commission Boss

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Senators on Thursday disagreed sharply on the floor of the Senate with plans by some lawmakers to suspend the confirmation of President Muhammadu Buhari’s nominee.

Mr Victor Chinemerem Muruako was recently nominated by the President as Chairman of Fiscal Responsibility Commission (FRC)

The nominee had acted as a sole administrator, in Acting Capacity, for seven years without the constitution of a full board

According to lawmakers who were opposed to the confirmation, the law permits that each geopolitical zone should have a commissioner. Currently, the board has not been fully constitute

Leader of the Senate Yahaya Abdullahi, opposing the confirmation of Buhari’s nominee, said approving the request will embolden the Executive branch to flout the law. He argued that the confirmation be suspended until names of other commissioners are forwarded.According to the FRA, the FRC is mandated to among others “compel any person or government institution to disclose information relating to public revenues and expenditure; and cause an investigation into whether any person has violated any provisions of the Fiscal Responsibility Act

The Act further provides that “if the Commission is satisfied that such a person has committed any punishable offence under this Act the Commission shall forward a report of the investigation to the Attorney-General of the Federation for the possible prosecution

The Commission is also empowered to monitor and enforce the provisions of FRA in order to promote the economic objectives contained in section 16 of the Constitutio

The FRC is also to disseminate such standard practices including international good practice that will result in greater efficiency in the allocation and management of public expenditure, revenue collection, debt control and transparency in fiscal matter

Besides, the Commission is to undertake fiscal and financial studies, analysis and diagnosis and disseminate the result to the general publics;n..”.”d… warded



7 Comments

See Drama As Senate Confirms Victor Muruako As Fiscal Responsibility Commission Boss - Nosa Endurance - 10:24 am

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See Drama As Senate Confirms Victor Muruako As Fiscal Responsibility Commission Boss - Omorotionmwan destiny - 11:10 am

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See Drama As Senate Confirms Victor Muruako As Fiscal Responsibility Commission Boss - Chisom Nnmani - 12:02 pm

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See Drama As Senate Confirms Victor Muruako As Fiscal Responsibility Commission Boss - Eyenmi Princewill - 6:07 pm

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See Drama As Senate Confirms Victor Muruako As Fiscal Responsibility Commission Boss - Asemota Promise - 3:57 am

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See Drama As Senate Confirms Victor Muruako As Fiscal Responsibility Commission Boss - Benedict Iyoha - 5:57 am

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See Drama As Senate Confirms Victor Muruako As Fiscal Responsibility Commission Boss - Nosa Endurance - 8:23 am

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