By Mercy Omoike
The UN Global Compact Network Nigeria (UNGCNN) has called for stronger private sector accountability to advance business and human rights practices.
The call was made during a private sector dialogue convened by UNGCNN in Lagos.
The News Agency of Nigeria (NAN) reports that UNGCNN is the Nigerian chapter of the United Nations Global Compact.
The organisation supports businesses in aligning operations with principles on human rights, labour, environment and anti-corruption.
The dialogue attracted more than 60 business leaders, policymakers, sustainability professionals and human rights advocates.
The theme of the event was: “Business and Human Rights as a Business Advantage: Building the Accountability Practices That Earn Lasting Trust.”
Participants discussed ways to strengthen accountability, build stakeholder trust and create long-term value through responsible business practices.
Speaking, the Chief Executive Officer and Executive Director of UNGCNN, Ms Naomi Nwokolo, said business and human rights could no longer be treated as a side issue.
She said investors, regulators, consumers and business partners increasingly expected companies to demonstrate accountability, transparency and respect for human rights.
According to her, accountability is built when commitments are translated into clear processes, responsible decisions and visible actions.
Nwokolo said stakeholders must see evidence that companies take their responsibilities seriously.
She said the programme’s impact would be measured by stronger policies, identified risks and improved decision-making within organisations.
Also speaking, UNGCNN Board Chair and MTN Nigeria Company Secretary, Mrs Uto Ukpanah, urged businesses to move from commitments to measurable evidence.
Ukpanah said global investors and partners were no longer satisfied with corporate promises alone.
She said human rights due diligence had become critical to business credibility, market access, investor confidence and resilience.
According to her, companies that build trust and document their actions credibly will gain future opportunities and partnerships.
Dr Pwadumdi Okoh of the National Human Rights Commission (NHRC) said the commission was translating Nigeria’s National Action Plan on Business and Human Rights into practical outcomes.
Okoh said implementing the action plan offered opportunities for risk reduction and value creation.
She said practical steps were available for companies seeking alignment with the UN Guiding Principles on Business and Human Rights.
According to her, stronger collaboration between public and private institutions would accelerate meaningful progress.
Okoh described business and human rights as a strategic imperative rather than a philanthropic obligation.
She said respect for human dignity helps businesses build trust with workers, communities, customers and investors.
Representing the Lagos State Commissioner for Wealth Creation and Employment, Mr Akinwande Awotafair, Mrs Yemisi Adeniyi, reiterated government’s commitment to inclusive economic growth.
Adeniyi, Director of Partnerships at the ministry, stressed the importance of collaboration among government, businesses and civil society.
She said profitability and purpose were complementary forces that create sustainable value when properly aligned.
According to her, businesses should view human rights as an opportunity to create value and earn lasting trust.
The dialogue also featured presentations from companies participating in the Business and Human Rights Accelerator Programme.
Sahara Group and Reliance Chemical Products Ltd. received awards for their commitment and contributions to the programme. (NAN)(www.nannews.ng)
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Edited by Chinyere Joel-Nwokeoma