REMARKS BY THE HON. MINISTER OF HOUSING AND URBAN DEVELOPMENT, ARC. AHMED MUSA DANGIWA AT THE MEETING WITH THE FISCAL RESPONSIBILITY COMMISSION (FRC) AT THE MINISTRY’S HEAD OFFICE IN ABUJA ON TUESDAY, NOVEMBER 28, 2023
Protocols
1. It is my pleasure to welcome you all to the Federal Ministry of Housing and Urban Development and to thank you for the good work that you are doing in upholding the values of transparency and accountability in our nation's financial governance.
2. The establishment of the Fiscal Responsibility Commission through the Fiscal Responsibility Act of 2007 marked a pivotal milestone in our nation's pursuit of transparent and accountable financial governance.
3. Over the years, FRC’s dedication to fostering an environment of economic prudence has provided an institutional framework for ensuring efficient resource allocation, and effective debt management.
4. We are keenly aware of the Commission’s commitment to mainstreaming international best practices and facilitating greater efficiency in public expenditure, revenue collection, and fiscal transparency by all organs of government.
5. I sincerely believe that your efforts in undertaking fiscal and financial studies, analyzing key economic indicators, and sharing these insights with the public are invaluable for informed decision-making.
6. As the Minister of Housing and Urban Development, I clearly understand the important role that fiscal responsibility should play in guiding the management of the Ministry’s affairs. 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.
7. I also recognize that the responsible management of finances within our Ministry is 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.
8. So, I want to assure you of our commitment to fostering the ideals and values that FRC promotes.
9. I am eager to explore synergies between our entities and identify areas where our combined expertise and mandates can create meaningful impact.
10. Thank you for gracing this meeting with your esteemed presence. I look forward to a fruitful collaboration.
