Lagos, Nigeria -- November 2025-Oando Plc, Africa's leading integrated energy solutions provider, has been formally inducted into the Society for Corporate Governance Nigeria (SCGN). This move marks the company's entry into Nigeria's leading network focused on advancing responsible, transparent, and ethical corporate leadership. The induction follows the SCGN’s assessment of Oando’s corporate governance standards and affirms the company’s alignment with national and international best practices.
SCGN, established to promote best-in-class governance frameworks across corporate Nigeria, serves as a centre for board development, governance education, research, and policy advocacy. Since its founding, the Society has worked to strengthen accountability, transparency, and ethics in businesses across Nigeria and the wider African region. Its membership includes leading institutions across energy, finance, manufacturing, and services.
Speaking on Oando’s induction, Folasade Ibidapo-Obe, Chief Compliance Officer and Company Secretary, Oando PLC, remarked, "Our induction into the Society for Corporate Governance Nigeria is both an endorsement and a responsibility. It affirms the progress we have made in institutionalizing robust governance frameworks across our business over the years, and more importantly, it signals our readiness to continually strengthen these frameworks in line with leading practices in corporate governance. For us, effective governance is not an accessory. It is central to achieving sustainable value creation, disciplined operations, and ensuring stakeholder confidence.”
In her address to the newlyinducted members, Koosum Kalyan, Board Member, SCGN, also noted that, "I think it's a great opportunity to becomepart of this organisation. Today is more than a ceremony; it is a commitment. Acommitment that you are making to lead with integrity, a commitment to upholdethical standards even when no one is watching."
Beyond formal recognition, the SCGN membership strengthens Oando’s credibility with regulators, investors, andthe public by demonstrating an active commitment to accountability anddisciplined governance. It also provides access to the Society’s governancetraining programmes, research resources, board development initiatives, andthought-leadership platforms designed to support stronger decision-making, riskmanagement, and oversight at the leadership level. The induction signalsOando’s continued commitment to governance practices that anchor sustainableperformance and responsible corporate citizenship.
Membership further positions Oando to collaborate with and benchmark against other leading Nigerian corporates within the Society, enabling faster progression in ESG, sustainability, and governance performance. Other organisations inducted into the Society include Duale, Ovia & Alex-Adedipe (DOA Law); Cedrus Group Africa; ESG In Action Africa Ltd; R.T. Briscoe (Nigeria) Plc; Commercio Partners Limited; Zedcrest Group; and Tech Hive Advisory.
