Firm Offers Free Advisory Board Services For SMEs, Nonprofit Companies

The Society for Corporate Governance Nigeria (SCGN) has launched a free advisory service board for the country’s small and medium enterprises (SMEs) and nonprofit firms to strengthen corporate governance across institutions and the regulatory environment.

The Society noted that the launch of the pro bono governance advisory board would offer advisory roles and institutionalise SMEs into corporate systems.

SCGN reiterated its two decades of building corporate governance codes for corporate institutions and firms in the nation’s public and private sector while urging SMEs and nonprofit firms to utilise the launch of Pro bono governance to SMEs to improve their business models and corporate systems.

SCGN, which recently launched this initiative at the 20th Anniversary Gala and Corporate Governance Awards in Lagos, described the launch of the pro bono governance advisory board for SMEs as a way of improving corporate governance in the informal sector.

The initiative’s beneficiaries expressed appreciation to the Society for its continued support and leadership and congratulated it on its milestone anniversary.

Reflecting on the Launch of Free Advisory Services to SMEs in Lagos, the founding president of SCGN, Prof. Fabian Ajogwu, praised the dedication of its Fellows and members, who, according to him, embody the core values of good governance.

Ajogwu lauded the Society’s two-decade journey of promoting ethical leadership and corporate accountability, describing its members as ‘walking classrooms’ of integrity and responsibility.

He said, “We recognise individuals and spotlight institutions whose exemplary leadership, commitment to transparency, accountability, and innovation continue to redefine governance standards across sectors.

“Our Fellows are walking classrooms of what it means to be ethical, responsible leaders. As we celebrate 20 years, we do so with pride in the progress we have made and with determination for the road ahead. Our celebrations today inspire us to work even harder towards our purpose, continuing to set the stage for the future.”

Ajogwu, who pioneered SCGN’s establishment two decades ago, emphasised that, the anniversary was not just a celebration but also a call to strengthen the foundation of governance across Nigeria’s corporate and public institutions. He also stressed continuous learning and accountability as vital tools for sustainable leadership.

The Society for Corporate Governance Nigeria (SCGN), established to advance ethical practices and strengthen leadership capacity, continues to play a central role in shaping governance standards in the country through advocacy, training, and policy engagement.

Also speaking at the event, SCGN president Muhammad K. Ahmad commended the Society’s growing impact within the private sector, stating that, ‘In terms of compliance within the private sector, I believe we are doing very well.

‎”The progress we have made underscores the relevance of our mission and the continued importance of strong governance in building sustainable institutions.’