Fiscal Responsibility Commission Archives

Consolidated fiscal bills scale second reading in Reps

Leah TwakiOctober 15, 20246 min

Fiscal bills aimed at addressing loopholes in the existing framework and empower the Fiscal Responsibility Commission (FRC) scales second reading In a bid to enhance Nigeria’s economic stability and strengthen the management of its financial resources, the House of Representatives on Tuesday passed for second reading a set of consolidated bills seeking to repeal the Fiscal Responsibility Act of 2007 and re-enact a new Fiscal Responsibility Act, 2024. The proposed legislation, sponsored by the...

House of Representatives

FRA: Reps consolidate six fiscal bills

Leah TwakiOctober 3, 20244 min

The House of Representatives has consolidated six Fiscal Responsibility Act (FRA) amendment bills. It is expected that the House will reintroduce the consolidated bill for second reading soon The House of Representatives on Thursday consolidated six Fiscal Responsibility Act (FRA) amendment bills. Chairman, rules and business committee of the House, Rep. Francis Waive (APC Delta), while making a brief explanattion, said the bills are of similar subject matter enhance the need for the consolidation of...