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OUR RESPONSIBILITY

Section 5,6,13 of the Ebonyi State Fiscal Responsibility Law 003 of 2008 empowers the Commission to:
* Monitor and enforce the provision and objectives contained in section 16 of the 1999 Constitution of the Federal Republic of Nigeria as amended;

* Compel any person(s) or body(ies) reported or complained against and any/other person(s) or body(ies) who might be so connected in the cause of investigation on the issue raised to disclose information or report; necessary in determining the authenticity;

* Disseminate such standard practices including international good practice that will result in greater efficiency in allocation and management of public expenditure, revenue collection, debt control and transparency in fiscal matters;

* Undertake fiscal and financial studies analysis and diagnosis and disseminate the result to the general public;

* Conduct investigation to determine whether a person(s) or organization(s) has/have violated the provision of the law;

* Compile reports of such violations and forward the same to office of the State Attorney-General for prosecution; and

* Prepare and submit to the State House of Assembly not later than 30th June, in each financial year a report of its activities including all cases of contravention investigated during the preceding financial year and shall include in the report a copy of its audited accounts for the preceding financial year.

 

COMMENCEMENT AND INITIAL OPERATIONS

Ebonyi State Fiscal Responsibility Commission was established by Law003 of 2008. On February 11 2010, the Commission was formally inaugurated by the past administration and their tenure ended on January 2015.

On August 2015, the current Chairman, Secretary and the Members of the Fiscal Responsibility Commission was inaugurated by His Excellency Engr. Dave Umahi fnse, fnate. The full time member Commissioners, commenced work immediately and have been trained by the Fiscal Responsibility Commission (EFCC), Independent Corrupt Practices and other related offences Commission (ICPC) and the Debt Management Office (DMO) all in Abuja. At the inauguration, the Commission assured the Governor and the people of Ebonyi State of their readiness to deliver the objectives, vision and mission of the Commission.

 

AT A BROADER LEVEL, THE FRL REQUIRES THE FRC TO CARRY OUT THE FOLLOWING SPECIFIC FUNCTIONS

Monitor and enforce the provision of the FRL 003 of 2008 in the following areas:

A. Revenue Generation
B. Budget Provisions and Expenditure
C. Checkmate financial leakages
D. Regulate Debt and Borrowings
E. Total budget Discipline
F. Accountability and Transparency.
G. Due Process Applications
H. Undertaking the preparation and Publication of FRC annual report
I. Carry out investigations
J. Performing every other function consistent with the promotion of the FRL. 003 of 2008.

 

CORE STRATEGY

* Set standard practice of international repute;
* Undertake fiscal and financial studies, analysis, and diagnosis and disseminate the result to the general public;
* Exhibit transparency in the process of investigation;
* Create sufficient room for fair hearing; and
* Ensure that all detected financial abuses are calculated according to international BEST practice and sustainable development.

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FISCAL RESPONSIBILTY COMMISSION
Staff Development Centre (SDC),
Kpirikpiri Abakaliki,
Ebonyi State

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