The Fiscal Responsibility Commission says public scrutiny remains crucial to strengthening fiscal governance.
The lawmaker urged state governments to enhance local production to increase their internally generated revenue rather than solely rely on the federal government.
Mr Adedeji said that the call was in line with Mr Tinubu’s quest to improve the revenue generation architecture of the country.
Mr Muruako, during an interview on Sunday in Abuja, said some states had passed the law but were yet to set up a fiscal responsibility agency.
“Subsidy of fuel is no longer unsustainable as the FG is virtually broke. Apart from its N77 trillion debt, it also owes the NNPC Limited about N2.4 trillion.”
The International Monetary Fund (IMF) has urged President-elect Bola Tinubu to take steps to increase the country’s revenue base.
CISLAC said Nigeria’s increasing debt was putting the country in a precarious situation, and had significant implications for human rights.
The lawmakers accused the MD of NBET of ignoring their invitations severally, with some threatening to withhold the agency’s appropriation.
The court had on July 1 restrained Governor Ganduje from borrowing the money to install CCTV cameras in the state.
“The commission was the most consistent among the leading MDAs ranked in 2019 and 2020.”
