The Federal Government has been urged to institutionalized public sector risk and governance management as part of measures to tackle the nation’s sociopolitical and economic challenges in the country.
Founding Partner, Conrad Clark Nigeria Limited, Joachim A. Adenusi, made the call on Tuesday in Abuja at the inaugural Public Sector Risk and Governance Summit, with the theme: “Unlocking the Heart of Nigeria -A Risk-based Approach.”
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He said that the summit, was part of Conrad Clark’s modest contribution at supporting, strengthening and positioning the Nigerian public sector as one the best and most effective in the post-Covid world.
He said that the organization sees risk governance as the process of handling the effect of unplanned changes to or deviations from set goals, which could diminish performance outcomes.
Adenusi said that risk governance is associated with being transparent, responsible and accountable for the tasks that must be reported and monitored.
“It requires a plan or strategy to identify, assess, prioritize and urgently deal with the complexity, challenges and opportunities facing political leaders and public sector professionals.
“Thus, the principle behind public sector risk governance is to ensure that political leaders and public sector officials are as close as possible to delivering on the promises made to the people. Nigeria does not exist without its people.
“Therefore, the heart of the country is its people, and unlocking the heart of Nigeria requires giving the Nigerian people all the tools they need to be economically productive and socially responsible citizens,” he said.
He also said that the summit was designed to broaden the understanding of stakeholders on the imperative of effective public sector risk governance in achieving economic prosperity and social progress in Nigeria.
Also at the event, Dr. Tayo Aduloju, Co-Chair (Non-State Actor) Open Government Partnership (OGP), Nigeria and Chief Operations Officer/Senior Fellow, Economic Policy, Strategy and Competitiveness, the Nigerian Economic Summit Group (NESG), spoke Public Transparency and Accountability Risk: The imperatives of good governance and economic opportunities.
He said that the non-sustainability of the failures in public transparency and accountability makes the delivery of good governance and economic success impossible.
“The line of prevention that would have neutralized most of the existential national threats we face today collapsed because allocated resources were abused,” Aduloju said.
He said that public transparency and accountability at the points of the highest corruption risks is the best, most cost-effective option for achieving good governance in the country.
On his part, a former Corps Marshal and Chief Executive of Federal Road Safety Corps (FRSC), Osita Chidoka, who spoke on “Risk of Unfulfilled Political Promises: Improving Public Service Delivery and Trust in Government,” said that most of the promises by those in governance failed or were unimplementable because there was no workable plan or blueprint for those promises.
He said that a detailed documentation process gave the FRSC a foresight into the future from the present and that the FRSC Corporate Road Map outlined the direction for sustaining critical success factor thereby making the Corps’ vision achievable.
Also, the Special Assistant to the President on Research and Special Duties, Prof. Mohammed L. Ahmadu, spoke on “Measuring Performance Outcomes in the Public Sector: The Key to Improving Leadership and Institutional Performances”.
He said that improvement in public sector, service performance for effective leadership and quality service delivery; continuous and targeted capacity building; and improvement in reward system, are part of measures that would enhance the good governance in the society.
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