By Peter Egwuatu
THE Chartered Institute of Stockbrokers, CIS, has emphasized its commitment to work with the National Assembly to amend some relevant investment laws that impede Nigeria’s economic development.
Meanwhile, the governor of Edo State, Mr Godwin Obaseki, also urged stockbrokers to take the values of their profession to the political space in order to move the country forward.
Obaseki, who spoke at the 10th CIS President’s Investiture, explained that every professional stockbroker operates on the premise of ‘my word is my bond’ and noted that Nigerian politicians needed to embrace this element of integrity in order to ensure economic growth and development.
The newly elected President of CIS, Mr Adedapo Adekoje, during his investiture as the 10th President in Lagos last weekend, assured that the Institute will push its pending bill before the National Assembly. “We will continue to make our inputs into matters of national importance especially in the areas of securities and investment and good governance towards a better Nigeria. The federal government needs, more than ever before to refocus on the capital market as major platform for economic development” he declared.
The immediate past president of CIS, Mr. Oluwaseyi Abe, charged the new President to ensure that the Chartered Institute of Securities and Investment (CISI) bill before the National Assembly is passed quickly, stressing that the CISI is expected to broaden its functions and enable the Institute become the umbrella body for all professional associations in Nigeria.