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Victor Muruako

NGF, FRC to collaborate to promote fiscal responsibility in states

The Nigeria Governors Forum (NGF) and Fiscal Responsibility Commission (FRC) on Thursday met to discuss potential opportunities for collaboration towards promoting fiscal responsibility at the sub-national level. Only 18 states so far have been able to dometicate the fiscal responsibility law in their domains. The Chairman of FRC, Victor Muruako, on his remarks stressed that it was imperative to encourage states to adopt fiscal responsibility into law. He expressed believe that the way to start is to is to begin at regional basis before encouraging other states to key in. Muruako said for now, the Commission has been engaging with states by providing technical assistance. He, however, said collaboration with NGF, will ensure the study of fiscal responsibility is taken to the grassroots. Th...

President Buhari appoints Adolphus Aghughu as the Auditor-General of the Federation

President Muhammadu Buhari has nominated Adolphus Aghughu for appointment as the Auditor-General of the Federation pursuant to Section 86(1) of the Constitution of the Federal Republic of Nigeria (as amended). In a statement by by the Senior Special Assistant to the President of National Assembly Affairs (Senate), Senator Babajide Omoworare, said Aghughu has been acting as the Auditor-General since the voluntary retirement of Mr. Anthony Ayine from service upon attainment of the mandatory retirement age of 60 years on 25th October 2020. The Auditor-General designate hails from Edo State and, holds a master’s degree in economics; he is a Fellow of the Association of National Accountants of Nigeria, Member of the Nigerian Institute of Management and Associate member of Chartered Institute of...