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Fiscal Responsibility Commission Gets New Leadership As Senate Confirms Saidu, Six Others
Fiscal Responsibility Commission Gets New Leadership As Senate Confirms Saidu, Six Others
The Senate has confirmed Dr Abdullahi Saidu as Chairman of the Fiscal Responsibility Commission (FRC), alongside six members representing Nigeria’s six geopolitical zones.
Confirmation followed the consideration and adoption of the report of the Senate Committee on Finance at plenary on Wednesday.
The committee said the nominees possessed the requisite educational qualifications and professional experience to discharge their responsibilities.
The nominees include professionals with backgrounds in anti-corruption, legal practice, academia, public administration and financial investment.
October 28, () – The Senate has confirmed the appointment of Dr Abdullahi Saidu as Chairman of the Fiscal Responsibility Commission (FRC), alongside six other nominees as members of its governing board.
This followed the presentation, consideration and adoption of the report of the Senate Committee on Finance at plenary on Wednesday.
The six confirmed members are Mohammed Asma’u Mai-Eka, representing the North-West; Mohammed Makama, North-Central; Suleiman Gidado, North-East; Louis Ndukwe, South-South; Amaechi Ugwele, South-East; and Olaniyi Onikola, South-West.
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Presenting the committee’s report, its Deputy Chairman, Senator Lere Oyewumi of the Accord Party, said the nominees underwent thorough screening because of the sensitive responsibilities of the commission, particularly its role in promoting fiscal discipline and accountability in the management of public finances.
Oyewumi said the committee scrutinised the curricula vitae of the chairman-designate and members, examining their educational qualifications, professional backgrounds and work experience.
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He disclosed that Saidu and four of the nominees presented letters of appreciation from their previous workplaces, attesting to their competence and suitability for the appointments.
Dr Abdullahi Saidu
According to him, Saidu has substantial experience in revenue administration, fiscal oversight and governance reform.
He said Saidu’s last place of work was the Independent Corrupt Practices and Other Related Offences Commission (ICPC), where he chaired a sensitive committee and performed creditably.
Oyewumi also highlighted the professional backgrounds of the other nominees, noting that Makama had served for 28 years and was a manager in the Legal Department of the Nigeria Liquefied Natural Gas (NLNG).
He described Gidado, representing the North-East, as an associate professor with an outstanding record, while Ugwele had served as a special adviser to the Enugu State Government.
Onikola, representing the South-West, was identified as a financial investment expert who served for eight years under two different governors in Osun State.
The committee deputy chairman said the nominees possessed the requisite educational qualifications and professional experience to perform their duties effectively.
He expressed confidence in their ability to discharge their responsibilities and thanked the President of the Senate and the Senate leadership for supporting the committee in carrying out its assignment.
Contributing to the consideration of the report, Senator Simon Lalong (APC, Plateau South) said he participated actively in the screening exercise and supported the committee’s recommendations.
Lalong described the nominees as reputable individuals and expressed optimism that they would contribute positively to the country.
The Fiscal Responsibility Commission was established under the Fiscal Responsibility Act, 2007, to promote transparency, accountability and prudence in the management of public finances.
The commission is mandated to monitor compliance with fiscal responsibility requirements, promote adherence to sound fiscal management principles and encourage greater accountability in the use of public resources.
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