Fiscal Responsibility Act: 54 Offences, Zero Sanctions – FRC Boss Calls for Reform
The Chairman of the Fiscal Responsibility Commission (FRC), Mr. Victor Muruako, has raised serious concerns over the structural weaknesses in the Fiscal Responsibility Act, 2007, stating that the legislation contains 54 offences without a single corresponding sanction. He described this legal gap as a critical flaw that undermines the Act’s intended purpose of promoting fiscal […]
