Fiscal Responsibility Commission
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Fiscal Responsibility Commission Ends Two Days Transparency, Accountability Workshop In Calabar, Sue For Robust Collaboration

By Patrick Obia The Fiscal Responsibility Commission (FRC) has ended its two days of awareness and sensitization workshop on Transparency and Accountability in Calabar, enjoining stakeholders for robust collaborations. Held in Calabar, the capital of Cross River State with the theme: ‘sustaining the gains of fiscal transparency and accountability in States’, participants drawn from the

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South-South Domestic Debt Hits N988bn, Foreign Debt $873.3m

By Richard Ndoma, Leadership Newspaper Chairman of the Fiscal Responsibility Commission, Mr. Victor Muruako has disclosed that domestic debt owed by six States in the South-South geo-political zone of Nigeria has reached N988.06 billion while the zone’s foreign debt stood at $873.3 million. The figure, according to the FRC Chairman, is the debt profile for

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Breaking News Business & Economy Reports

Cross River Debts Exceed Its Revenue By Over 486%

By Ushang Ewa The total debts of Cross River State as at December 2016 exceeded its statutory revenue by 486.49% says the Fiscal Responsibility Commission (FRC) 2016 Annual Report. This is contrary to the guidelines of the Debt Management Office (DMO) on debt sustainability which states that the debt status of each state should not

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