The Transparency Forum Initiative (TFI) is set to hold a series of targeted roundtables on Tuesday

November 17, with a press conference.

The initiative will focus on highlighting the importance of transparency in all aspects of the political and commercial economy, advocating for regulatory reforms around transparency and encouraging public-private collaboration on new approaches and actions required to embed transparency into the business landscape of Nigeria.

The initiative aims to redefine the term “Transparency” by paving a practical platform for the use of improved business training courses and tools that is open data, communication, credibility, visibility, data, reporting, corporate governance, ethics, compliance, tax and audit, best practice and  that are essential to succeeding in business as well as attracting investment. The medium to long term outcome is to develop private sector Transparency Baseline Index that reports credible data and information on Nigerian companies in all sectors.

According to the Nigerian president, Muhammadu Buhari, the government business is being conducted with transparency and cynicism is waning as a result

 Also, The Executive Secretary of the Nigerian Investment Promotion Commission, Mrs Uju Hassan Baba said:

 “A strong culture of transparency and corporate governance is imperative if Nigeria is to attract both foreign and local direct investment required to build sustainable economic development. It can be done- through policy, collaboration and determination.

“This is what the Transparency Forum is about and why we are a part of it. We stand ready to apply our technical expertise and know-how to this critical agenda. We call on the broader private sector community to join us, making transparency a centrepiece of the development drive of the nation.” - “With acknowledgement from the Presidency on this private

sector’s Transparency Initiative membered by stalwarts like Dr Olisa Agbakoba, as we launch gives an indication of the emphasis that needs to be placed on the subject matter. The prospect of increased transparency heralds an exciting prospect for the future of doing business in Nigeria.”