The Fiscal Responsibility Commission (FRC) says 32 ministries, departments and agencies (MDAs) have failed to remit over N1.2 trillion of their operating surplus to the consolidated revenue fund (CRF) of the federal government.
Victor Murako, FRC executive chairman, said this during a press briefing at the 2021 edition of the Nigerian open government partnership (NOGP) week, in Abuja on Wednesday.
Murako explained that government agencies are expected to remit 80 percent of their operating surplus to the CRF according to the Fiscal Responsibility Act, 2007.
He said this…
