Ardova PLC Ardova PLC menu
  • Home
  • About Us
    • AP at a glance
    • Our Ethos
    • Our People
    • Our History
  • Our Products
    • AP Lubricants
    • Shell Lubricants
    • Liquefied Petroleum Gas
    • Renewable Energy
    • Air AP (Aviation)
    • Marketing and Distribution
  • Investor Relations
    • Financial Info
    • Stakeholder Info
    • Investor Relations Services
    • Earning Release
    • Finance Presentation
  • Governance
    • Corporate Governance
    • Compliance
    • Risk Management
    • HSE policy
    • CSR
  • Careers
  • Media
    • Events
    • Gallery
    • News Releases
  • Contact Us
    Ardova PLC
    • Home
      • About Us keyboard_arrow_down
        • AP at a glance
        • Our Ethos
        • Our People
        • Our History
      • Our Products keyboard_arrow_down
        • AP Lubricants
        • Shell Lubricants
        • Liquefied Petroleum Gas
        • Renewable Energy
        • Air AP (Aviation)
        • Marketing and Distribution
    • Our Products
      • Investor Relations keyboard_arrow_down
        • Financial Info
        • Stakeholder Info
        • Investor Relations Services
        • Earning Release
        • Finance Presentation
      • Governance keyboard_arrow_down
        • Corporate Governance
        • Compliance
        • Risk Management
        • HSE policy
    • Careers
      • Media keyboard_arrow_down
        • Events
        • Gallery
        • News Releases
    • Contact Us
    info@ardovaplc.com

    © 2022 Ardova Plc. All rights reserved.

Risk Management

Internal Control System

The Board is responsible for maintaining a sound system of internal controls to safeguard shareholders’ investment and the assets of the Company. The system of internal controls is to provide reasonable assurance against material misstatement, prevent and detect fraud and other irregularities.

There is an effective internal control function within the Company which gives reasonable assurance against any material misstatement or loss. The Board and Management will continue to review the effectiveness and the adequacy of the company's internal control systems and update such as may be necessary.

The internal audit is subjected to external review every 3yrs and auditors are appointed for the period.

Risk Management

Ardova Plc's risk management framework is integrated into its daily business operations. The framework sets out standards and guidelines for the ongoing management of key risks within the company.

Some of these risks include strategic, financial, operational, compliance and reputational risks. The continuous review and implementation of an effective internal control system by the board of directors ensure that the investment of shareholders and the company's assets are protected against material misstatement, fraud and other irregularities.

Downloads

policy-icon Fraud Policy download
policy-icon Whistle Blowing Policy download
This website uses cookies to optimise your browsing experience. For more information about the cookies, see our Privacy Policy.

Our Footprint

With extensive experience operating in the Oil, Gas, and Energy sector, we remain an industry leader in the energy value chain. The company is well-structured with partners in various areas of expertise in delivering energy needs across the globe.

Join our mailing list
Quick Links
  • FAQ
  • CSR
  • Careers
  • Gallery
  • Privacy
Company
  • About Us
  • Our People
  • Products
  • Our Corporate Governance
  • Enyo Retail & Supply
Contact
  • phone +234 906 287 4961
  • email info@ardovaplc.com
  • location_on 1 AP/ConOil Road, Ijora-Apapa, Lagos, Nigeria
Follow Us
  • facebook instagram twitter linkedin
Copyright © 2022 Ardova Plc. All rights reserved.