Financial Reporting Council of Nigeria (FRCN) is planning to introduce the Nigerian Public Sector Governance Code to enhance trust, boost efficiency and curb corruption in the public sector.
This was disclosed at a stakeholders’ engagement and consultation on the draft exposure document on the Nigeria Public Sector Governance Code in Abuja, yesterday, by Executive Secretary of FRCN, Dr Rabiu Olowo. He described the code as a critical framework for deepening transparency, accountability, culture, values and conduct within the public sector.
“We believe that the public sector is very important. It is a sector that we believe should instil a model of culture within the Nigerian society. We believe that it is a sector that should tell the private sector the way to go to lead and champion good conduct. The technical team has come up with a document that we believe can stand the test of time to align with the objective that has been set,” he said.
On the possibility of a clash with relevant financial laws and on whether the FRCN will approach the National Assembly for a review of necessary laws, a former Head of Service of the Federation, who also chairs the Technical Working Group, Danladi Kifasi, disclosed that no revision of any law would be necessary.
In his remarks, the Vice Chair of the Technical Working Group, Muhammad Ahmed, said instilling transparency, dedication and adherence to the rule guiding public service was the endgame.
Head of the Civil Service of the Federation, Mrs Didi Esther Walson-Jack, said the code marked a significant milestone in the government’s collective effort to strengthen governance, accountability, and efficiency in the Nigerian public sector.
FRCN considers governance code to curb corruption in public servåice

Olowo