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We lack credible corporate governance in Nigeria — ICSAN

By Ediri Ejor

THE Institute of Chartered Secretaries and Administrators, ICSAN, has  warned that until Nigeria gets its corporate governance structure in public sector right, the fight against corruption will remain a mirage.

Outgoing President of ICSAN, Mrs. Abiola Laseinde who spoke at the Annual General Meeting, AGM, and the election of new executives for Lagos chapter, said: “We need to get our corporate governance structure for the public sector right. For now, the public sector operates on allegiance to their bosses and related personnel. We are trying to get people into a paradigm shift away from lip service. How will I steal from a company if I see myself as an owner?  Corporate governance ought to be our culture, imbibed in our DNA. We have programmes as an institute to help us achieve structural and practicable corporate governance.”

On plans to move the chapter forward, the interim Chairman of ICSAN, Lagos Chapter, Francis Olawole, said; “I have planned out four dimensional pillars to work on. The first is to ensure growth in our membership; create better visibility and integration with the national body in all of its vision as well as ensure relevance for the Lagos State chapter.”

“We have a notch and it is geared towards good corporate governance. We are the governance practitioners and we are going to champion advocacy in those affairs to impact and influence policies which would be shown out by the regulatory authorities for the generality of the people and as it affects our profession and practice.



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