NES SEEKS PARTNERSHIP WITH FISCAL COMMISSION TO ENSURE ECONOMIC BALANCE

The Nigerian Economic society (NES) said on Wednesday in Abuja that it would partner the Fiscal Responsibility Commission to ensure economic balance in the country.

Prof. Akin Iwayemi, President of the Association, stated this during a courtesy call on the Commission's  Chairman,  Alhaji Aliyu Yelwa. 'Economic balance is fiscal balance and this commission is saddle with ensuring that there is fiscal balance, fiscal responsibility in Nigeria.

And we believe that as economist, there are number of things we can do together, to help one another because in the process of partnering with the commission, the NSE will benefit, the commission will benefit and the nation as a whole will benefit because what is important is to face up with the challenges that faced us in the nation.'

According to him, the association is more concern in seeing efficiency and accountability in the use of the nation's resources and its availability to the grass root.

He said that there was the need to evaluate the process of using the nation's resources, adding that it would help to tackle the problems that affect the economy. He added that the association would also help in the training of the staff of the commission to enable them effectively carry out their function.

He said: 'Capacity building is essential part of institutional building and this is a new commission, it needs also to build capacity of staff that will be able to cope with the challenges of their responsibility. We can also partner with them in research and advocacy to educate Nigerians and inform people on fiscal issues in the nation.'

Responding, Yelwa commended the effort of the association and assured to partner with them to ensure economic balance in the country.