ICSAN Advocates for Stronger Governance to Boost Investment

The Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN), led by President Mr. Uto Ukpanah, has called for stronger corporate governance to boost investment and sustain economic growth in Nigeria. In a statement released on Wednesday, Ukpanah highlighted that effective governance is essential for enhancing investor confidence and ensuring that initiatives deliver intended outcomes.

He pointed out that Nigeria's development challenges are often linked to weak governance structures in both public and private institutions, leading to poor outcomes. Ukpanah noted that a strong corporate governance system, which includes ethical standards and transparent decision-making processes, is vital for managing risks and protecting stakeholder interests.

He emphasized that governance principles should extend beyond boardrooms to become embedded in organizational culture. Additionally, he mentioned that ICSAN is committed to advancing governance standards in Nigeria as it marks its 60th anniversary, reflecting on its contributions to the profession and the importance of governance in fostering long-term economic development.