Economy: Summit Group Tasks Directors On Development, Social Stability

The Nigerian Economic Summit Group, NESG has advised Directors to rethink their roles and influences to ensure economic development and engender social stability.

Chairman, Board of Directors, of the group Asue Ighodalo, said this at the investiture of Ije Jidenma as the 17th President and Chairman of Council of Institute of Directors (IoD) in Lagos, with the theme: “Nigeria in Challenging Times: Rethinking the Role of Governance in Leadership.”

He added that the charge was due to the central role leadership played in good governance, which would in turn catalyse economic growth, noting that countries that achieved economic growth and development had sustained visionary and political leadership, strong institutions and a forward looking, influential private sector.

Ighodalo noted that it is time to strengthen the alliance and deepen the trust between financial institutions, corporate organisations, entrepreneurs and regain the confidence of the international market.

The Council of Institute of Directors new President, IoD, Ije Jidenma, said her administration which would span two years would be based on a “future readiness” mantra and hinged on five pillars.