The Financial Institutions Training Centre (FITC) and the Fiscal Responsibility Commission (FRC) have begun discussions on a strategic partnership aimed at strengthening fiscal governance, enhancing institutional efficiency, and advancing capacity development in Nigeria’s public sector.
The proposed collaboration was explored during a meeting held on Wednesday at the Commission’s headquarters in Abuja, where officials from both organisations examined areas of cooperation to support institutional development and improve service delivery.
Leading the FITC delegation, Mrs. Adenike Animasaun described the institution as a world-class, innovation-driven knowledge centre established by the Central Bank of Nigeria (CBN) and the Bankers’ Committee. She noted that FITC has spent over four decades building resilient institutions through learning, advisory services and research.
Animasaun commended the Fiscal Responsibility Commission for promoting prudent and transparent fiscal management, describing its mandate as vital to Nigeria’s economic sustainability.
She said the meeting was aimed at identifying areas of collaboration that would strengthen the Commission’s institutional capacity and operational effectiveness.
According to her, FITC has over 16 years of experience supporting regulatory agencies and public institutions, including the Nigeria Deposit Insurance Corporation (NDIC), the National Pension Commission (PenCom), and other government organisations.
She disclosed that FITC offers more than 180 specialised courses tailored to the needs of public institutions and remains committed to delivering customised solutions that address performance gaps and improve efficiency.
“Our objective is to ensure that the Fiscal Responsibility Commission benefits from our innovative learning solutions, advisory services and institutional development programmes designed to drive sustainable performance,” she said.
Animasaun highlighted FITC’s offerings, including executive development programmes, staff promotion examination support, performance management systems, strategic planning, change management, workforce transformation, technology advisory and board capacity development.
She also announced that FITC would host a major conference on July 8, with participants expected to attend both physically and virtually.
Responding on behalf of the Acting Chairman of the Commission, Barrister Charles Chukwuemeka Abana, Chairman of the FRC Collaboration Committee, Mr. Ugoh Chinemerem, described the engagement as timely and beneficial.
He stressed the importance of institutionalising professionalism in public service training, noting that effective capacity building is critical to improving performance across government institutions.
Ugoh assured the delegation that the Commission would review FITC’s training and development calendar before taking steps to formalise the partnership.
He also underscored the need for stronger platforms to improve public awareness of the Commission’s policies, programmes and activities.
Describing the FRC as a credible institution, he attributed its reputation to its commitment to accountability, transparency and prudent management of public resources.
Also speaking, the Commission’s Head of Monitoring and Evaluation advocated a two-pronged approach to future collaboration, stressing the need not only to strengthen staff capacity but also to educate Government-Owned Enterprises covered under the Fiscal Responsibility Act 2007 to improve compliance.
Both parties expressed optimism about future engagements, with the Commission assuring that the outcome of the discussions would be conveyed to its Chief Executive.
The proposed partnership is expected to strengthen fiscal discipline, improve governance standards and support sustainable economic development in Nigeria.
