The Financial Reporting Council of Nigeria paid a courtesy visit to the National Judicial Council (NJC) on Wednesday, May 28, 2025, to formally present the Draft Nigeria Public Sector Governance Code (NPSGC) and seek collaborative engagement ahead of its nationwide adoption.
The FRC delegation, led by the Executive Secretary/CEO, Dr. Rabiu Olowo, highlighted the significance of the Code in strengthening governance, promoting transparency, and enhancing public trust in government institutions. He reiterated the Council’s mandate to ensure compliance with financial reporting and corporate governance standards, and emphasized the judiciary’s key role in preserving democratic values, institutional integrity, and effective public service delivery.
“The Governance Code is a strategic instrument designed to foster accountability, transparency, and investor confidence across the public sector,” Dr. Olowo stated. “Engaging key institutions like the NJC is critical to ensuring successful implementation and long-term impact.”
The TWG Chairman, Bar. Danladi Kifasi, along with Deputy Chairman Alh. Ahmad, presented the highlights of the Draft Code, seeking constructive feedback and support for its widespread adoption across federal and state institutions.
In response, Ahmed Gambo Saleh, Executive Secretary of the NJC, commended the FRC’s initiative and affirmed the Council’s support for the Governance Code. He pledged to promote its adoption among institutions under the NJC’s oversight and facilitate its formal introduction within the judicial sector.
Other members of the FRC delegation included Mr. Titus Osawe, Coordinating Director of the Corporate Governance and Inspections & Monitoring Directorates; Mrs. Comfort M. Osondu, Head of the Directorate of Corporate Governance; and Mr. Adeleke Adewole, Chief of Staff to the Executive Secretary/CEO.
The Nigeria Public Sector Governance Code is slated for formal unveiling in Q4 2025, following further stakeholder engagement. The collaboration between the FRC and NJC signifies a strong commitment to enhancing governance standards and promoting accountability within Nigeria’s public sector, paving the way for a more transparent and responsible governance framework.
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