Home Business Consolidated Revenue Fund: MDAs failed to remit N1trn ,says FRC

Consolidated Revenue Fund: MDAs failed to remit N1trn ,says FRC

by Kunle Awosiyan
FRC

Ministries, departments and agencies of the Federal Government are in deficit of over N1tn to the Consolidated Revenue Fund, the Fiscal Responsibility Commission announced on Wednesday.

It also announced that the FRC and the Independent Corrupt Practices and other related offences Commission had resolved to partner in the recovery of assets and capital projects tracking in the fight against corruption.

Both organisations also committed to the exchange of ideas and resources in prosecuting the fight against corruption in public finance management across the country.

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