dark

NGO seeks partnership with NCC on industry-specific training

The Society for Corporate Governance Nigeria (SCGN) is seeking to partner with the Nigerian Communications Commission (NCC) on specialised and industry-specific training for Executives and Board of Directors in the telecom industry.

The President of SCGN, Mohammad Ahmad, disclosed this when he led the organization leadership on a courtesy visit to NCC on Monday, in Abuja.

Ahmad, represented by Tijjani Borodo, a Director and fellow of the Society, said the NGO would also like to partner with the NCC in the area of capacity building initiatives for the sector.

“The Society for Corporate Governance Nigeria would like to partner with the Commission on capacity building initiatives for the sector and the organisations regulated by it.

“The Society hereby expresses her interest to partner with the Commission on Specialised and Industry-Specific Trainings for Executives, Board of Directors, and the Executive Management of organisations in the Telecommunications industry around Board Leadership, Governance and Sustainability.

“The Society would like to express her interest in collaborating with the Commission to sensitise and create awareness on the guidelines within the sector and organisations regulated by it.

“We can provide a framework for compliance and reporting of the anticipated corporate governance guideline.”

Ahmad said the partnership is to promote good corporate governance and foster best practices in the communications sector and in the country.

“We strongly believe that the partnership will strengthen the Commission’s position as a promoter of good corporate governance and setting an example to other regulators as a champion of excellence and progress,” he said.

We strongly believe that the partnership will strengthen the Commission’s position as a promoter of good corporate governance and setting an example to other regulators as a champion of excellence and progress.

Fruitful professional relationships

Responding, NCC’s Executive Vice-Chairman, Prof. Umar Danbatta, represented by the Executive Commissioner Stakeholders Management, Adeleke Adewolu, said the visit was one of great importance for several reasons.

Danbatta said that the SCGN and the Commission have had fruitful professional relationships, adding that the NGO is instrumental to the development of the telecommunications industry’s Code of Corporate Governance issued by the NCC in 2014.

He noted that it was a pioneer code, which was carefully designed to enhance governance in the Nigerian communications industry and which led to the development of similar instruments by other sectors.

Danbatta said NCC had commenced the development of guidelines for the communications sector, adding that members of the SCGN have been part of that process.

He said the NCC recognised that critical elements of its statutory mandate can only be realised when sector players adhered to best corporate governance and ethical standards.

“This is why we pioneered the development of sectoral Corporate Governance Codes and this is why we insist on the highest possible governance and ethical standards for our licensees.

“This is also why we consider it of utmost importance to strengthen our relationship with stakeholders like the SCGN,” Danbatta said.

He said one of the most important strategies that the NCC has adopted is to harness stakeholder views in the development of its regulatory interventions.

Danbatta also said the SCGN, in its role as a frontline advocacy group for sound governance and ethical business conduct, has been a worthy partner of the Commission.

He said the Commission looks forward to many more years of fruitful professional relationship with the SCGN and its members at large.

Chief Executive Officer, SCGN, Mrs Chioma Mordi, said the NGO has corporate members who spread corporate governance across various sectors.

Mordi called on the NCC to be a part of the Society for continuous access to information in corporate governance, both locally and internationally.

The News Agency of Nigeria (NAN) reports that the SCGN, founded by Prof. Fabian Ajogwu, is committed to developing and promoting corporate governance’s best practices and business ethics.

The society had collaborated with some institutions to develop sectorial corporate governance codes and guidelines, as well as organise capacity-building training for their sectors and industries.

Total
0
Shares
Leave a Reply

Your email address will not be published. Required fields are marked *

Previous Post

Airlines warn blocked funds dispute could hamper Africa growth

Next Post

Eni named as operator of world’s first low-carbon industrial cluster

Related Posts
Total
0
Share