The Adamawa State Fiscal Responsibility Commission (ADS-FRC) is an organ of government established in 2014 pursuant to the Fiscal Responsibility Law no. 3 of 2013, as a corporate body with perpetual succession and a common seal to be sue and be sued in its corporate name, to monitor and enforce prudence, transparency and accountability into the management of financial resources and to check excessive public borrowing and indebtedness in Adamawa state. Sections 2 and 3 of the Fiscal Responsibility Act, 2007 provide that the Commission shall look into revenue, and expenditure, audit and accounting works of all Ministries, Departments and Agencies (MDA’s) of the State. The Commission is headed by the Executive Chairman with its corporate headquarters situated at Yola.
Section 9 (2) of the Law, provides that, “the Commission shall be independent in the performance of its day to day functions, and as such, shall not be subject to directives and control”. This means that the Commission is an autonomous body and is not subject to the direction or control of any other authority or person in the exercise of its power to ensure sound fiscal management regime and other matters connected therewith in Adamawa state. The Commission is one of the “sunshine laws” indispensable to open fiscal governance.