The recently unveiled digitalized hearing room of the public accounts committee (PAC) of the House of Representatives is a landmark. The unveiling…. On the 15th of July, Speaker of the House of Representatives, Rep. Abbas Tajudeen, unveiled the digitalized Public Accounts Committee (PAC) hearing room and the maiden edition of a news magazine. In his speech, the speaker said incorporating Information and Communication Technology (ICT) into the work of the PAC is “essential for enhanced...
From a troubling public debt profile of ₦121.67 trillion to continuous economic hardship, the national assembly’s response to amend the fiscal responsibility law portends relief for a beleagued economy The Birth of a Legislative FrameworkIn 2007, Nigeria stood at a crossroads. The country, rich in resources but plagued by fiscal mismanagement, needed a change. In response to this pressing need, the Fiscal Responsibility Act (FRA) 2007 was born. This legislative framework was designed to...
