At SLBCOOP, we uphold the highest standards of governance, ensuring our operations remain transparent, ethical, and fully compliant with all relevant regulatory frameworks. We believe that effective governance is the cornerstone of sustainable growth and member trust.

• Financial statements prepared in accordance with International Financial Reporting Standards (IFRS) as issued by the IASB.
• Compliance with the Nigerian Co-operative Societies Act (2004) and the Financial Reporting Council of Nigeria (FRC) Act, No. 6, 2011.
• Consistent application of accounting policies to ensure transparency and accuracy in financial reporting.
• Annual external audits conducted by accredited audit firms to provide independent assurance of our financial integrity.
• Implementation of a Code of Ethics to guide all directors, management, and staff in maintaining integrity and professionalism.
• Regular compliance training for management and employees to ensure adherence to evolving regulatory requirements.
• Risk management policies in place to identify, assess, and mitigate operational, financial, and reputational risks.

Through these measures, we ensure that members’ interests are safeguarded, decisions are made responsibly, and our society continues to operate with fairness, accountability, and excellence.