PRESS RELEASE: HON. MINISTER OF FINANCE FACES CONTEMPT PROCEEDINGS FOR DISOBEYING COURT JUDGEMENT ON STATUTORY TRANSFERS

April 30, 2014

PRESS RELEASE

 

HON. MINISTER OF FINANCE FACES CONTEMPT PROCEEDINGS FOR DISOBEYING COURT JUDGEMENT ON STATUTORY TRANSFERS

The Federal High Court sitting in Abuja on 29th April, 2014 served the Hon. Minister of Finance, Dr Ngozi  Okonjo-Iweala  Form 48 beingNotice of consequences of disobedience to order of court for disobeying the order of the federal High Court in respect of Suit No: FHC/ABJ/CS/301/2013: IN THE MATTER OF CENTRE FOR SOCIAL  JUSTICE VS HONOURABLE MINISTER (more…)

Retain The Fiscal Responsibility Commission By Kalu Onuoha Esq

Retain The Fiscal Responsibility Commission By Kalu Onuoha Esq. Posted: Apr, 26 2014, 2:04PM By Kalu Onuoha Esq. The Fiscal Responsibility Act (FRA) which came into force in 2007 seeks to infuse prudence, transparency and accountability into the management of our public finance by inter alia checking excessive public borrowing and indebtedness. It lays down guidelines on how to strike a balance between governments’s proposed expenditures and revenue targets. Again, the law encourages inter-generational (more…)

Scrapping the Fiscal Responsibility Commission: A Step in the Wrong Direction. Media Statement by the Centre for Social Justice

Scrapping the Fiscal Responsibility Commission: A Step in the Wrong Direction

Media Statement by the Centre for Social Justice

 

Introduction

Over ten years ago, reform minded stakeholders in fiscal governance were part of a process for the enactment of new laws and regulations based on national and international standards for the reform of public finance management practices in Nigeria. It was realised that the management of public resources was at the centre of development and the (more…)