The International Fund for Agricultural Development (IFAD) in partnership with the Federal Ministry of Agriculture and Rural Development and Federal Ministry of Finance organised a regional training workshop for IFAD-funded projects to support the effective implementation of major financial management and fiduciary reforms for the projects. IFAD further stated that the primary aim of the training workshop was to strengthen the capacity of stakeholders with a view to improving the quality of financial management of IFAD-financed projects and programmes. IFAD West and Central Africa Senior Regional Financial Management Department Officer, Mr Radu Damianov, stressed his appreciation for the active participation of all stakeholders which was critical for achieving the objectives of the 3-day workshop. Mr Daminanov indicated that the Financial Management Department in partnership with the Regional and Country offices will provide continuous technical advice to participants to accelerate the implementation of the financial reforms. After the receipt of the training certificates, participants committed to implementing the financial management best practices and tools shared during this regional workshop to enhance project efficiency, reporting and value for money.

Source: Nigerian Tribune August 18, 2023 14:25 UTC