The Chartered Institute of Stockbrokers, CIS, has urged the National Assembly to amend some relevant investment laws that are currently impeding efforts targeted at achieving Nigeria’s economic development.
The newly elected President of the Institute, Mr Adedapo Adekoje, gave the charge during his investiture as the 10th President last weekend in Lagos, assuring the readiness of the professional body to work with the Legislature on the pending amendment bills.
He said: “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”, Adekoje added.
In his remarks, the Institute’s immediate past president, Oluwaseyi Abe, urged the new President to ensure that the Chartered Institute of Securities and Investment (CISI) bill now before the National Assembly was passed.
He pointed out that the CISI was expected to broaden its functions and enable the Institute to continue to play leading roles amongst professional bodies in the country.
Earlier in his speech at the investiture ceremony, Edo State governor, Mr. Godwin Obaseki, also urged stockbrokers to make the value addition benefits of their profession impact on the political economy and overall growth of the country.
Obaseki explained that every professional stockbroker should operate on the premise of ‘my word is my bond’ a culture which, he said, Nigerian politicians should imbibe in order to ensure the nation’s sustainable development.
