By Nkiruka Nnorom
LAGOS—Vice President Kashim Shettima has said Nigeria cannot achieve its $1 trillion economy target on the shaky terrain of weak compliance, regulatory laxity and ethical ambivalence, declaring that only a bedrock of flawless corporate governance could sustain the nation’s economic ambition.
Speaking at the 3rd National Corporate Governance Summit organised by the Institute of Directors Centre for Corporate Governance, IODCCG, in Lagos yesterday, Shettima said the theme, “Implementing Good Governance for Economic Acceleration, Consolidating Public-Private Partnership,” aligned directly with President Bola Tinubu’s Renewed Hope Agenda.
The summit was organised in collaboration with the Financial Reporting Council, FRC; Ministry of Finance Incorporated, MOFI, and Institute of Chartered Secretaries and Administrators, ICSAN.
Represented by Tope Fasua, Special Adviser to President Tinubu on Economic Affairs, Shettima said while government reforms, such as subsidy removal, FX harmonisation and unbundling of strategic sectors, created the macro-economic foundation, it was the private sector that must translate policy into tangible goods, sustainable jobs and national wealth.
