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Seplat Energy's CFO Advocates Governance in Financing

Business
Blueprint

Seplat Energy Plc has highlighted the significance of transparency, strong corporate governance, and stakeholder collaboration in facilitating structured financing and promoting sustainable growth in Nigeria's energy sector. At the Olaniwun Ajayi Structured Finance Roundtable in Lagos, Seplat Energy's Chief Financial Officer and Executive Director, Eleanor Adaralegbe, called on industry players to adopt high governance standards to foster investor confidence.

During a panel session titled “From Theory to Transactions: Overcoming Barriers and Scaling Structured Finance in the Nigerian Market,” Adaralegbe stated that trust is essential for successful financing arrangements and that management credibility is crucial for attracting capital. She noted that Seplat's commitment to partnerships has strengthened relationships with financial institutions, regulators, and investors.

Adaralegbe also emphasized that governance should be viewed as a strategic enabler rather than merely a compliance requirement. Dr. Emomotimi Agama, the Director-General of the Securities and Exchange Commission, reinforced the need for market collaboration to enhance Nigeria's capital market and structured finance solutions.

Plus234Feed summary based on reporting from Blueprint. Read the original report below.

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