The Minister of State for Industry, Trade and Investment, John Enoh, has said Nigeria must strengthen corporate governance and institutional credibility to attract long-term investment and build globally competitive industries.

Enoh stated this on Thursday in Abuja at the 11th Executive Committee Investiture Ceremony of the Abuja Zone of the Chartered Institute of Directors Nigeria, where Rose Eshiett was inaugurated as chairman of the zone.

Speaking at the dinner event, the minister said governance remained central to industrial transformation, investment attraction and economic growth.

“No nation can build globally competitive industries without strong institutions. No economy can attract patient capital without credible governance. No enterprise can endure without sound boards, disciplined management, transparent reporting, and responsible leadership,” Enoh said.

He stressed that as Nigeria pursues industrial growth, investment confidence, and private-sector-led transformation, the quality of leadership in both public and private institutions would determine the country’s success.