IOD Nigeria emphasizes the need for human capital development

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Linus Aleke

The Chairman, Governing Council of the Institute of Directors Nigeria, Mr. Samuel Yemi Akeju has emphasized the need for continuous human capital development amongst senior personnel in public and private sector to ensure transparency, accountability, corporate governance and prudent management of national resources.

Akeju who made this call in Abuja also noted that the upcoming Annual Directors Conference 2015 with the theme, “Ensuring Sustainable Investment in Nigeria Through Global Best Practices” is the platform provided by IoD Nigeria to encourage business leaders in developing and developed economies to reach out directly to credible public and private sector leaders on the best ways to establish reliable and sustainable investment in Nigeria, that are mutually beneficial and with great value to the global community.

His words, “IoD Nigeria recognizes and identifies with the thrust of the new federal administration in the areas of transparency, accountability, corporate governance, prudent management of national resources and security of lives and property. This is in consonance with IoD Nigeria’s avowed position to promote the entrenchment of good corporate governance in work places and best practices in the management of resources in both public and private sectors and creating an enabling environment where the best resources can flourish to the benefits of all who live and relate with Nigeria.

“To build capacity and competence in the boardroom, IoD Nigeria and the Nigerian Stock Exchange (NSE) regularly collaborate to train directors of companies listed on the stock exchange through the IoD ‘Company Directors Course’. We also regularly run effective Public Sector Director Development Programmes for directors of Ministries, Departments and Agencies of government, to help in articulating and performing their duties to government and the society.”

He also noted that, there is urgent need for directors and leaders to ensure sustainable investment in the non-oil sector of the Nigerian economy to guard against the dwindling price of oil at the international market.

Also, the Acting Permanent Secretary in the Federal Ministry of Industry, Trade and Investments, Alhaji Maman Psc expressed government’s willingness to identify with IOD Nigeria, stressing that IoD Nigeria is the foremost leadership organization that champions the mobilization and motivation of credible leaders in the private and public sectors to proffer solutions to the nagging national problem of sustainable investment.

He equally promised to that the ministry will collaborate and work closely with IoD Nigeria to showcase various investment opportunities in Nigeria at the flagship event bid to hold in Abuja.

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