The Secretary to the Government of the Federation (SGF), Senator George Akume, has called for stronger collaboration among fiscal and oversight institutions to deepen transparency, accountability, and prudent public financial management in line with the Renewed Hope Agenda.
Akume made the call while receiving the management of the Fiscal Responsibility Commission (FRC), led by its Acting Executive Chairman and Chief Executive Officer, Barrister Charles Chukwuemeka Abana, in Abuja.
The SGF emphasized the need for closer cooperation between the Commission and key government agencies, including the Federal Ministry of Finance, Budget Office of the Federation, Office of the Accountant-General of the Federation, Debt Management Office, and other oversight institutions to eliminate duplication of responsibilities and strengthen fiscal governance.
He described the Fiscal Responsibility Commission as a critical pillar in Nigeria’s fiscal governance framework, noting that fiscal discipline remains essential for sustaining macroeconomic stability, boosting investor confidence, ensuring debt sustainability, and promoting efficient utilization of public resources.
According to him, effective management of government finances is crucial to achieving the objectives of President Bola Ahmed Tinubu’s Renewed Hope Agenda.
Earlier, the Acting Executive Chairman of the FRC, Barrister Charles Chukwuemeka Abana, said the Commission’s renewed focus is on improving transparency in revenue reporting, ensuring timely remittance of operating surpluses into the Consolidated Revenue Fund, and eliminating revenue leakages across public institutions.
He disclosed that through enhanced monitoring of operating surpluses from Government-Owned Enterprises and independent revenue generated by Ministries, Departments, and Agencies, the Commission monitored approximately ₦1.84 trillion in independent revenue as of September 2025 and has set a target of ₦2.5 trillion for 2026.
Abana also revealed that the Commission has upgraded and fully automated its Operating Surplus Calculation Template to align with current fiscal realities and improve efficiency, accuracy, transparency, and compliance monitoring.
