The Fiscal Responsibility Commission (FRC), on Wednesday inaugurated a two-week capacity development training support organised by the International Monetary Fund (IMF) in Abuja.

FRC chairman Victor Muruako said the training would enable the commission to do more to support the management of the economy under President Bola Tinubu.

Mr Muruako, who commended the IMF for supporting the commission over the years, also commended Tinubu for his bold fiscal reforms and practical war against corruption.

“Transparency and accountability have been prioritised in fiscal affairs in recent times. The president’s action against officials in his cabinet accused of financial impropriety is an indication that the war against corruption is real,” he said.

He said the FRC mandate was enormous and sensitive to the country’s survival.

“The survival of Nigeria depends on the ability to run a fiscally sound and healthy country. This depends on a set of rules which are meant to be executed by people in public office.

“This programme is coming up at a critical moment when the government is enabling critical fiscal reforms,” she said.

In response, the leader of the IMF team, Kubai Khasiani, said the training would be in public financial management.

Mr Khasiani, the regional advisor for public financial management of the IMF, said the fund had a capacity development centre with an office in Ghana.

“We provide support to six countries in the West Africa region, which includes Nigeria,” he said. 

(NAN)