Association identifies good corporate governance for economic growth

Association of Corporate Governance Professionals of Nigeria

Nigeria’s quest to reposition the socio-economic growth may continue to be a mirage unless effective corporate administration and management is given a serious thought.

This assertion was made by the President and Chairman, Association of Corporate Governance Professionals of Nigeria [ACGPN], Sam Ohuabunwa, in Uyo, the Akwa Ibom State capital, while administering oath of membership on 21 inductees into the institute.

He said: “There is need for good corporate governance for the betterment of our nation.”

He challenged the inductees to be good ambassadors of the association in order to complement the Federal Government’s efforts to reposition the economy.

He therefore, charged the new members to bring their ingenuity to bear by ensuring standards and best practices in corporate administration in line with the enshrined principles of transparency, due diligence and integrity in public and private endeavours.

The President further charged the newly inductees to be part of the national efforts to redefine corporate governance in all aspects of businesses, noting that only such would guarantee national growth.

He warned against elevation of personal interests in the interpretation and delivery of corporate ideals, if the country must move forward, economically.

Earlier, the Registrar and Chief Executive Officer (CEO) of the association, Mr. Femi Mosaku–Johnson, identified what he described as “violations of the corporate governance ethics” as the major problem stunting the growth of Nigeria’s economy.

He however, charged the new members to shun unethical practices and imbibe the best practices of integrity, transparency and due process in the administration of organizational principles towards achieving socio-economic harmony in Nigeria.

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