{"id":296739,"date":"2023-11-11T06:45:08","date_gmt":"2023-11-11T05:45:08","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=296739"},"modified":"2023-11-11T06:45:08","modified_gmt":"2023-11-11T05:45:08","slug":"frc-commends-tinubu-on-fiscal-regulatory-framework","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2023\/11\/11\/frc-commends-tinubu-on-fiscal-regulatory-framework\/","title":{"rendered":"FRC commends Tinubu on fiscal regulatory framework"},"content":{"rendered":"<ul>\n<li><strong><strong>He emphasized the FRC\u2019s core mandate, ensuring prudent, transparent, and timely revenue-raising policies, resource allocation decisions, and debt management strategies<\/strong><\/strong><br \/>\n<hr \/>\n<\/li>\n<\/ul>\n<p>Barrister Victor Muruako, the Chairman of the <a href=\"https:\/\/www.withinnigeria.com\/news\/2021\/11\/02\/frc-to-punish-14-banks-violating-loan-conditions-to-states\/\">Fiscal Responsibility Commission,<\/a> has expressed appreciation for President Bola Tinubu\u2019s commitment to strengthening the Fiscal Responsibility Act, 2007.<\/p>\n<p>The statement from Bede Ogueri Anyanwu, Head of the Strategic Communications Directorate, underscores the joint efforts to bolster Nigeria\u2019s fiscal framework under President Tinubu\u2019s guidance.<\/p>\n<p>Speaking during an Interactive Session of the Senate Committee on Finance at the National Assembly, Muruako said, \u201cThe Fiscal Responsibility Commission is a product of the Fiscal Responsibility Act, 2007, aiming to establish a transparent and accountable financial framework for Nigeria.\u201d<\/p>\n<p>He emphasized the FRC\u2019s core mandate, ensuring prudent, transparent, and timely revenue-raising policies, resource allocation decisions, and debt management strategies.<\/p>\n<p>The interactive session saw the participation of key figures, including, Chairman of the Senate Committee on Finance, Senator Muhammed Sani Musa; the Minister of Finance, Adebayo Olawale Edun; the Chairman of the Federal Inland Revenue Service, Zacch Adedeji; the Executive Director of the Nigeria Sovereign Investment Authority, Aminu Umar-Sadiq.<\/p>\n<p>Muruako applauded President Tinubu\u2019s initiative in forming a Presidential committee to amend the FRA, 2007, addressing the Act\u2019s shortcomings, including the absence of punitive measures for its violations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>He emphasized the FRC\u2019s core mandate, ensuring prudent, transparent, and timely revenue-raising policies, resource allocation decisions, and debt management strategies Barrister Victor Muruako, the Chairman of the Fiscal Responsibility Commission, has expressed appreciation for President Bola Tinubu\u2019s commitment to strengthening the Fiscal Responsibility Act, 2007. The statement from Bede Ogueri Anyanwu, Head of the Strategic [&hellip;]<\/p>\n","protected":false},"author":49,"featured_media":286682,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"2","single_blog_custom":"211693","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"0","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"1","post_reading_time_wpm":"300","show_zoom_button":"1","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"0","show_prev_next_post":"0","show_popup_post":"0","number_popup_post":"1","show_author_box":"0","show_post_related":"0","show_inline_post_related":"1"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored 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