Tag: FRC

IAS 29, titled Financial Reporting in Hyperinflationary Economies, provides accounting guidelines for countries experiencing hyperinflation.

President Tinubu pledged that Nigeria would continue to adhere to international standards and expressed readiness to collaborate with ISSB to ...

Fiscal Responsibility Commission advises states to bring their consolidated debts within the 50 per cent threshold of their total revenue.

The inspection is part of the commission’s mandate to ensure the quantum of money released by Federal Budget Office for ...

The law provides for such verification on a quarterly basis.

The key assumptions of the 2018 budget were predicated on oil production of 2.3 million barrels per day.

The FRC at the moment has no board as it was dissolved on July 16

A Federal High Court, Lagos stopped FRC from enforcing its sanctions.

Only 15 states have adopted the Fiscal Responsibility law.

“The FRC is central to the country’s quest for improvements in fiscal governance.” The Centre for Social Justice, CSJ, on ...

According to him, the recovered amount included N20 billion remitted by NCC in 2010 and another N2 billion it remitted ...

The government also rejected the merger of the EFCC and ICPC. The Federal Government has accepted the recommendation for the ...

My recent piece on the Fiscal Responsibility Commission elicited a wide range of responses on some of the key issues ...