By Chidi Nkwopara

OWERRI—Barring any unforeseen circumstances, the Fiscal Responsibility Commission, FRC, will begin the physical verification of some selected Federal Government capital projects in the South East and North West geo-political zones of the country today.

Confirming this to Vanguard in Owerri yesterday, FRC Chairman, Prince Victor Muruako, disclosed that the total value of the projects to be verified in the two zones was N11.992 billion.

“The capital projects to be verified in Imo State are sited in the Federal Medical Centre, Owerri, Federal University of Technology, Owerri, Alvan Ikoku Federal College of Education, Owerri and the construction of river port at Oguta,” Muruako said.

The FRC boss explained that the exercise was aimed at verifying the actual existence of the projects, as well as monitor the progress of the work done so far.
“The verification is further designed to give fillip to the transformation agenda of the present administration in the area of prudence,value for money and transparency in the efforts to meet the yearnings of the people,” Prince Muruako said.

While noting that the verification must be done within the ambit of the Medium Term Expenditure Framework, MTEF, pointing out that this was to ensure that