The League of Civil Society Groups, a conglomeration of over 200 CSOs in Nigeria, has commended President Muhammadu Buhari for nominating a substantive Chairman for the Fiscal Responsibility Commission (FRC).
Noting that this nomination by the President is a step in the right direction and marks the movement of President Buhari’s anti-corruption war to the next level, with a substantive chair for a Commission that plays a key role on the preventive side of anticorruption.
In a statement made available by the groups President; Amb Akoshile Mukhtar, the group stated that President Buhari had made a solid choice for this position in the person of Barr. Victor Muruako, who has spent the last couple of years working to stabilize the FRC following the withdrawal of funding for the commission based on the recommendation of the Oronsaye panel.
Indeed we strongly believe that with this nomination President Buhari will give the commission greater backing and heir reports will be incorporated into the budget formulation and implementation process as stipulated in the letter of the Fiscal Responsibility Act.
We urge the Senate to give attention to the speedy consideration of this nomination on its merit as it deserves and to do the needful in the interest of protecting public interest in the budgeting process. We equally urge states to enact Fiscal responsibility laws in their states, working with the FRC at the federal level for technical support. We call on all agencies to improve their levels of compliance with the Fiscal Responsibility Act by ensuring stringent implementation of budgets and remitting their operations surpluses to the federal treasury.
Amb. Akoshilen also commend the likes of the Nigeria Deposit Insurance Corporation that have been meeting up with their remittance obligations and urge them to continue in the track of uprightness in line with President Buhari’s vision.
