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Strategic Programmes
Overview
From the strategic position to use debt management to proactively leverage development effectiveness for Nigeria, the Strategic Programmes Department (SPD) was created in July 2007 to coordinate the series of activities that would culminate in the enthroning of sound debt management practices at the sub-national level, ensuring an enduring system of fiscal prudence and debt sustainability.
SPD’s Key Responsibility
The development of capacity and competence for effective public debt management at the sub-national level, through the provision of support for the operation of Debt Management Departments in the States.
Departmental Structure
The Department has two Units; spilt into three as follows: Institutions and Skills Development Units (ISD) (Southern and Northern Zones) and the Debt Management Training (DMT) Unit.
Debt Management Training Unit
DMTU core functions include: Initiating, planning and coordination of SPD capacity building programmes; Marketing of DMO services to identified target markets both locally and internationally; Coordinating the activities of Donor partners in the area of sub-national debt management; Establishing robust relationships with other DMOs, Institutions and Associations across the world, with a view to sharing information, knowledge and best practices in Public Debt Management; and, Coordination of DMO in-house capacity building sessions such as the Monthly Seminar Series, as well as, organizing retreats, attachment programmes and study tours for States’ officials, institution, students and Debt Management Officers from other African countries.
Institutions and Skills Development Unit
The split of ISD in the southern and northern zones is for effective coordination of the DMO’s sub-national debt management initiatives in all 36 States of the Federation and the Federal Capital Territory (FCT). ISD U core functions include: Facilitating the development of Debt Management Institutions and Capacities at the Sub-National level; Strengthening debt management capacities in all 36 States of the Federation and the FCT through the provision of support and assistance to ensure prompt submission of reliable and accurate domestic debt data to the DMO; Maintenance of comprehensive and reliable Sub-National domestic debt data of the 36 States and the FCT for periodic publication by the DMO; and, Sustaining advocacy programmes for increased stakeholder engagement in the development of sub-national debt management capacities.
