The Minister of Housing and Urban Development, Arc. Ahmed Dangiwa has said that his Ministry and its agencies were committed to upholding the values of transparency and accountability in financial governance in line with the provisions of the Fiscal Responsibility Act.
Director, Information of the Ministry, Badamasi Haiba in a statement issued on Wednesday, November 29, 2023, explained that the Minister made the commitment when he received the Chairman of Fiscal Responsibility Commission (FRC), Barr. Victor Muruako, and his team on a visit to the Ministry.
Dangiwa informed that, responsible management of finances within the Ministry was not an option but a fundamental obligation to Nigerians.
“Every decision that we make, every resource that we allocate, carries the weight of public trust and expectation. Therefore, instilling fiscal responsibility is indeed an ethical imperative and a commitment to transparent and accountable governance”, he said.
In addition, he also stated, “for me, fiscal responsibility is not just merely a concept; it is a cornerstone that should shape our decisions, policies, and strategies, ensuring the judicious management of the Ministry’s resources so that we can give Nigerians value for money as we conceive, develop, and implement our affordable housing and urban development plans”.
Dangiwa commended the Commission’s dedication to providing an institutional framework for ensuring efficient resource allocation, and effective debt management in the country.
He stated that the Ministry was eager to explore synergies between her entities and identify areas where combined expertise and mandates could create a meaningful impact.
The Minister also promised to intervene on the issue of decent and affordable housing schemes for the staff of the Fiscal Responsibility Commission through Federal Mortgage Bank loans and also pledged support towards the review of the 2007 Fiscal Responsibility Act.
Earlier in his remarks, the Chairman of the Fiscal Responsibility Commission, Barr. Victor Muruako gave a rundown of the achievements of the Commission since its establishment in 2007 which had led to significant improvements in revenue collection.
