CSOs to engage NASS on passage of fiscal responsibility act
A group of civil society organisations (CSOs) say it will engage the 10th National Assembly (NASS) to see to the passage of the Fiscal Responsibility Act (FRA) as a strong measure to bring sanity to the fiscal space.
Regina Udo, the project manager, Growth Initiatives for Fiscal Transparency (GIFT), said this in a statement in Abuja on Friday.
She decried Nigeria’s public debt profile of N87 trillion, describing it as unsustainable and a clarion call to reform the public finance management system.
She called on the federal and state governments to institute urgent measures to cut waste, inefficiencies and corruption to save the country from collapse.
According to her, the huge public debt profile has been encouraged by weak revenue mobilisation, poor remittance culture and corruption in public expenditure.
She said citizens and stakeholders across public, private and non-governmental sectors would be mobilised to address the failing fiscal health of the nation.
She said the group would also advocate for implementing the FRA 2007 Act at the national and sub-national levels, especially as it relates to debt management and revenue remittances to government coffers.
She said the group would build on some of the gains recorded in the first year of implementation which include providing technical support on public projects monitoring and evaluation.
This, she said, would be through the ConsTrack civic technology tool built and deployed by Order Paper.
“To achieve the advocacy goal of entrenching fiscal responsibility in the public sphere, the GIFT project would be implementing several activities which are designed to impact change.”
According to her, this is by working with the national assembly to ensure passage of the FRA amendment bill and enforce extant provisions relating to debt and borrowing by states and federal governments.
She said the group would also embark on intensive citizen engagement activities to sensitise the general public on the need to demand transparency and accountability from the government.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
Politics
Reps to resume plenary on Tuesday
Key developments expected on resumption was the conclusion of the work of all ad hoc committees and submission of their reports.
NationWide
NCC extends submission of application for hackathon
The extension was to give ample time for more prospective and viable startups to tidy up their solutions in the required format for submission.
NationWide
Kwara seeks synergy with federal government agencies on mining
The collaboration among stakeholders from the federal and state levels is to checkmate the activities of quacks and illegal miners.
Politics
Ex-APC members rejoin party in Ogun, say their return is to develop state
The returnees said they had all agreed to return to the “mainstream” and thanked the governor and party members for the reception.
States
AA guber candidate in Kogi promises to end infrastructure decay
“For us to be able to empower our people, infrastructure is critical. We are focused on winning this election for the liberation of our people from poverty,’’ Mr Braimoh said.
States
Abia govt. to tackle perennial flooding in Ariaria market
He said that the government had approved the restoration of power supply to the market to ensure the smooth running of businesses in the market.
