FRC READY TO SENSITIZE THE STATES IN THE SOUTH-WEST ON STRENGTHENING FISCAL MANAGEMENT AT THE STATE LEVELS

Oru Leonard

The ongoing awareness and sensitization campaign on Transparency and Accountability at the subnational level by the Fiscal Responsibility Commission moves to the States in the South-West zone from Monday, 14th November 2022.

The workshop will hold in Lagos state for the Commissioners of Finance, Budget, and Economic Planning, State Debt Management Officials, State Auditors General, relevant Civil Society Organizations whose areas are transparency and fiscal governance, and State Fiscal Responsibility Commissions in Lagos, Ogun, Oyo, Ekiti, Osun, and Ondo States.

The Chairman, of the Fiscal Responsibility Commission, Barrister Victor Muruako has shown commitment to continue to drive the campaign of the Commission’s vision of a transparent and accountable Government financial management framework in Nigeria through technical assistance to the Sub-nationals.

This is in line with the mandate of the Commission to support States and local Governments in the Federation to adopt and consolidate good fiscal practices as provided in the Fiscal Responsibility Act, 2007.
The theme of this workshop is ” Strengthening Fiscal Management at the State level” The operational word here is *Strengthening* which indicates the Commission’s acknowledgment of progress in the states.

In a statement made available to News Dot Africa,  Mr Bede Ogueri Anyanwu, Head, Strategic Communications Directorate, the Commission had the mandate of ensuring macroeconomic stability and prudence in the management of the nation’s resources and to see that States continue to improve in their fiscal management of public resources. 

According to the FRC Boss, “Achievement without sustainability is like mopping the floor with the tap running”
The program is packaged to sensitize participants through presentations that will include include; (a.) Strengthening fiscal management at the State level through Fiscal Responsibility Law; (b.) The Imperative of Fiscal Transparency and Accountability in the sustainable development of States; (c.) Ensuring Sub-national Debt Sustainability and (d.) Sustaining and deepening results of the State Fiscal Transparency and Accountability (SFTAS) program in South-West.

The program which will feature panel discussions, reviews, and interactions,

(FRS Media)