BREAKING: Senate Confirms FRC Chairman, 6 Board Members

The Senate on Wednesday confirmed the appointment of Dr. Abdullahi Saidu as Chairman of the Fiscal Duty Commission (FRC) alongside six members of the fee’s governing board, following the adoption of the report of the Senate Committee on Finance.

The confirmed board members are Mohammed Asma’u Mai-Eka (North-West), Mohammed Makama (North-Central), Suleiman Gidado (North-East), Louis Ndukwe (South-South), Amaechi Ugwele (South-East) and Olaniyi Onikola (South-West).

Presenting the committee’s report throughout plenary, Deputy Chairman of the Senate Committee on Finance, Sen. Lere Oyewumi, mentioned the nominees underwent a complete screening course of in view of the crucial function of the fee in selling fiscal self-discipline and accountability in authorities.

Oyewumi mentioned the committee examined the tutorial {qualifications}, skilled expertise and credentials of all of the nominees to make sure they possessed the competence required for the positions.

Based on him, the chairman-designate and 4 of the nominees additionally offered letters of commendation from their former employers, affirming their integrity, competence and suitability for public service.

He famous that Saidu had constructed a powerful profession in income administration, fiscal oversight and governance reforms, including that he beforehand served on the Unbiased Corrupt Practices and Different Associated Offences Commission (ICPC), the place he chaired a delicate committee with distinction.

The lawmaker additional mentioned Makama had spent 28 years as a supervisor within the Authorized Division of the Nigeria Liquefied Natural Gas (NLNG), whereas Gidado, an affiliate professor, had an excellent tutorial {and professional} document.

He added that Ugwele beforehand served as a Special Adviser to the Enugu State Government, whereas Onikola was an skilled {financial} funding professional who served beneath two governors in Osun State for eight years.

Oyewumi expressed confidence that the nominees possessed the mandatory expertise and experience to successfully discharge the fee’s obligations and strengthen fiscal duty within the nation.

He additionally counseled the President of the Senate and the Senate management for his or her help in enabling the committee to hold out a radical screening train.

Contributing to the talk, Sen. Simon Lalong (APC–Plateau South), who participated within the screening, endorsed the committee’s suggestions, describing the nominees as credible professionals able to making significant contributions to the Fiscal Duty Commission.

The Senate subsequently confirmed the appointments by a voice vote after adopting the committee’s report.

The Fiscal Duty Commission is answerable for selling prudent administration of the nation’s assets, making certain transparency in public finance and monitoring compliance with the Fiscal Duty Act.