FRC queries maritime academy over alleged unremitted surplus
The Fiscal Responsibility Commission (FRC), has queried the Management of the Maritime Academy, Oron, Cross River State, for flouting the Fiscal Responsibility Act, by the nonpayment of its operating surplus into the Consolidated Revenue Fund (CRF), of the Federal Government.
FG creates 91 additional revenue generating agencies
In an effort to boost its revenue base, the Federal Government has created an additional 91 agencies bringing the number of such agencies to 122.
FRC set to release template on MDAs operating surplus to curb fraud
To enforce compliance of financial discipline and curb corruption in public life, the Fiscal Responsibility Commission has concluded plans to set template and timelines...
FG decries delay in completion of federal roads in Cross River
The Chairman of Fiscal Responsibility Commission, Mr. Victor Muruako, expressed his disappointment yesterday in Ogoja when he led a verification team on tour of the projects in the state.