Daily Trust (Abuja)

Nigeria: Corruption Bane of Businesses in Nigeria - NIM President

Kaduna — The President of the Nigerian Institute of Management (NIM), Chief Michael Olawale-Cole has identified that the public and private Nigerian business environment are laden with corruption and other unethical business practices which is hindering development.

Speaking at the maiden induction ceremony of the graduants of the Institute's executive membership programme for students of Senior Course 34 of the Armed Forces Command and Staff College (AFCSC) Jaji, the President who was represented by his deputy, Dr. Nelson Uwaga said it is unacceptable for Chartered Professional Managers to be guilty of such.

According to him, "although one sadly confirms that the public and private Nigerian Business environment are laden with corruption and other unethical business practices, it is unacceptable for Chattered Professional Managers like you to be listed among the guilty.

"You must live above board in your professional dealings and private lives. Remember that you are the ambassadors of our great institute and your conduct from now on will rub off positively or otherwise on NIM and other people you relate and interact with."

He said the institute will be monitoring their conduct and performance and would not hesitate to apply the full position on the institute's bye laws if any of them was found operating below standards.

He called on the students to be agents of change wherever and in what capacity they find themselves and to always insist on doing the right thing at all times no matter the temptation.

"I strongly believe that if we adopt the. right attitude, individually and severally, we will help bring the change which Nigeria needs now more than ever because like Winston Churchill said, "Attitude is a little thing that makes a big difference".

In his remarks, the Commandant of the College Air Vice Marshall Ahmed Tijjani Mua'zu who was represented by his deputy, Rear Admiral Duke Osuofa said it is imperative for the students to be given the necessary guidance in the art of management.

Also, in his lecture on Leadership, Military and Democracy, Dr. Austin Nweze identified value system, human capital, sustainable economic growth, global competitiveness and engineering, science and technology as critical factors for a nation's success.

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