Expert Advocates Merit-Based Appointments in Nigeria
Georg Etomi, a senior advocate and fellow at the Nigerian Institute of Advanced Legal Studies, delivered a guest lecture titled "Visionary Leadership: Sound Corporate Governance and Ethical Stewardship Imperative for Sustainable Economic Growth." He urged for the urgent implementation of a merit-based appointment system in Nigeria's public institutions, criticizing the current governance practices that weaken economic growth. Etomi highlighted the importance of adhering to corporate governance principles in both the private and public sectors, particularly in managing state-owned enterprises (SOEs).
He proposed the introduction of independent non-executive directors on public sector boards to ensure objective oversight and minimize conflicts of interest. Etomi warned that the absence of a governance framework for public institutions could lead to weakened accountability and operational environments.
He also mentioned the ongoing work of the Nigerian Public Sector Governance Code (NPSGC) and called for its finalization. Dr.
Chamberlain S. Petersid, the newly inaugurated chairman of the Chartered Institute of Directors Nigeria, pledged to strengthen the institute's role in promoting good corporate governance.
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