Pursuant to Sections 50 (a) and 51 (a)(c) of the Financial Reporting Council of Nigeria (FRC) Act, 2011, FRC has developed a Corporate Governance Code applicable to the Not-for-Profit Sector of the Nigerian economy. The document, to be called Nigeria Not-for-Profit Governance Code (NNFPGC), is now in the Exposure Draft (ED) phase of the FRC Statutory Regulatory document development stage.
The Council now seeks to engage stakeholders in the Not-for-Profit Sector as a further mandatory step to issuance of the Code. We hereby request all interested person(s), group(s), association(s) and organization(s) to provide documented comments and feedback on the Code to FRC, on or before Monday, February 5, 2024 to cichidi@frcnigeria.gov.ng.
(Kindly click on the link below to access the Code)
Download File here