FITC, FRC Forge Strategic Partnership to Strengthen Fiscal Governance, Capacity Building
Oru Leonard
Abuja, June 25, 2026 – The Financial Institutions Training Centre (FITC) and the Fiscal Responsibility Commission (FRC) have initiated a strategic partnership aimed at strengthening institutional capacity, enhancing fiscal governance and improving public sector performance in Nigeria.
The collaboration was discussed during a high-level meeting held on Wednesday at the FRC headquarters in Abuja, where both institutions explored avenues for cooperation in training, advisory services and organisational development.
Leading the FITC delegation, Mrs. Adenike Animasaun described FITC as a world-class, innovation-driven knowledge institution established by the Central Bank of Nigeria (CBN) and the Bankers’ Committee. She said the organisation has spent more than four decades building resilient institutions through learning, research and advisory services.
Animasaun commended the Fiscal Responsibility Commission for its role in promoting prudent fiscal management, noting that the Commission’s responsibility for monitoring operating surplus remittances, enforcing the Fiscal Responsibility Act (FRA) 2007 and supporting macroeconomic stability remains critical to Nigeria’s economic sustainability.
She explained that the meeting was convened to identify areas of partnership that would strengthen FRC’s institutional capacity and improve service delivery.
According to her, FITC has over 16 years of experience supporting regulatory agencies and government institutions, including the Nigeria Deposit Insurance Corporation (NDIC), the National Pension Commission (PenCom) and several public sector organisations.
She noted that FITC currently offers more than 180 specialised courses tailored to the operational and regulatory needs of government agencies, adding that the institution focuses on identifying performance gaps and providing customised solutions to improve organisational effectiveness.
“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 further highlighted FITC’s extensive range of services, including executive development programmes, staff promotion examination support, strategic work planning, performance management systems, change management, digital transformation, board recruitment, strategic planning and technology advisory services.
She also pointed to FITC’s strong network of local and international professional partnerships and its expertise in research and policy development.
As part of its ongoing engagement efforts, she announced that FITC would host a major conference on July 8, featuring both physical and virtual participation.
Responding on behalf of the Acting Chairman of the Fiscal Responsibility Commission, Barrister Charles Chukwuemeka Abana, Chairman of the Commission’s Collaboration Committee, Mr. Ugoh Chinemerem, described the engagement as timely and beneficial.
He stressed the importance of institutionalising professionalism in the training and development of public servants, noting that effective capacity building is essential for improved public sector performance.
Ugoh assured the FITC delegation that the Commission would review the institution’s learning and development calendar as part of efforts to deepen collaboration.
He also emphasised the need for stronger platforms to disseminate the Commission’s policies, programmes and activities to a broader audience.
Describing the FRC as a credible institution, he attributed its reputation to sustained efforts in promoting accountability, transparency and prudent management of public resources.
Also speaking during the meeting, the Head of Monitoring and Evaluation at the Commission advocated a two-pronged approach to future collaborations, stressing the need for capacity development for FRC staff as well as increased awareness among Government-Owned Enterprises (GOEs) on the provisions of the Fiscal Responsibility Act, 2007.
The official noted that improved understanding of the Act among regulated entities would enhance compliance and strengthen fiscal discipline across the public sector.
Concluding the engagement, Ugoh expressed optimism that the proposed partnership would yield significant benefits and assured the FITC delegation that the outcome of the discussions would be communicated to the Commission’s leadership for further consideration.
The meeting marks a significant step toward strengthening institutional partnerships aimed at promoting fiscal discipline, improving governance standards and supporting sustainable economic development in Nigeria.
