FRC to achieve economic sustainability through awareness creation

The Fiscal Responsibility Commission (FRC) has said it will create economic sustainability through creating awareness in four geopolitical zones in the country.

This is contained in a statement issued by Mr Bede Anyanwu, Head, Strategic Communications Directorate, FRC, on Sunday.

The four geopolitical zones are North-East, North-Central, South-West, and South-South.

The Chairman of the commission, Mr Victor Muruako, said he was committed to keep the commission’s vision of a transparent and accountable government financial management framework.

Muruako said this would be done through offering technical assistance to the state fiscal responsibility commissions, also called sub-nationals.

“Achievement without sustainability is like mopping the floor with the tap running,” he said.

According to the statement, in continuation of the ongoing awareness and sensitisation workshop, the FRC is set for the north-central zone on Monday for an awareness campaign that will hold in Jos, Plateau.

The awareness programme would also be held in Adamawa, Kogi, Kwara, Benue, and Niger states.

Furthermore, the sensitisation would be for the commissioners of Finance, Budget and Economic Planning, and state debt management officials.

Also, state auditors-general, relevant civil society organisations whose areas are transparency and fiscal governance, and state fiscal responsibility commissions, would be in attendance.

This is in line with the mandate of the commission, which is to support states and local governments in the federation to adopt and consolidate good fiscal practices as provided for in the Fiscal Responsibility Act, 2007.

The theme of this workshop is ”Strengthening Fiscal Management at the State Level”.