Shettima, Sanwo-Olu to lead discourse at NICA conference in Lagos
L-R: Executive Assistant (EA) to the CEO, National Institute of Credit Administration (NICA), Susan David; Registrar/Chief Executive Officer, Prof. Chris Onalo; and EA to the CEO/Internal Planning Committee Chairman, Franklin Onoben, during the press briefing on the upcoming Inaugural National Credit Managers Conference and 9th Annual Investiture of Nigeria Credit Industry Awards, in Lagos on Wednesday.
Nike Popoola
Vice President of Nigeria, Kashim Shettima, alongside the Governor of Lagos State, Babajide Olushola Sanwo-Olu, and other eminent Nigerians would lead a discourse at the inaugural National Credit Managers Conference and the prestigious Annual Investiture of the Nigeria Credit Industry Awards, being by the National Institute of Credit Administration(NICA).
Slated for Tuesday 22nd and Wednesday 23rd of October, 2024 at the CIBN Auditorium in Victoria Island, Lagos, at 10am, with the theme, “Credit Grows Green Economy,” the different sessions would see the gathering of captains of industries, corporate leaders, board gurus across the lengths and breathe of the country to brainstorm on how to move the country forward using the effective and efficient credit management mechanism.
Addressing newsmen in Lagos, the Registrar/CEO of the Institute, Prof. Chris Onalo, said an efficient credit system anywhere in the world is cogent for green economy; and Nigeria cannot afford to lag behind, hence the need to explore and proclaim credit management to Nigerians as a means to meet economic and social aspirations.
“The nation’s professional credit managers, credit industry stakeholders, economic policy makers and capacity building academic scholars will be converging to rub minds on how Nigeria can move from her age long ‘cash and carry economic system’ to a brand new model-CREDIT.
“Other eminent personalities to participate in the conference are: Chris J. Maiyaki, Acting Secretary of the NUC; Mazi Afam J. Osigwe, SAN, President of the NBA, and the entire Fellows, Members, Associates of the national body for the people and organizations in credit management”
Onalo affirmed that the confab was designed to support the effort of Tinubu’s government to increase industrial output of the country by domesticating the use of credit to build a resilient and people-centered economy.
“We want to discuss how effective credit management can drive sustainable economic growth, especially in alignment with global trends toward a greener economy and in alignment with the Current administration’s economic direction”
Emphasising on consumer credit culture, the CEO posited that industrialisation, financial inclusion, and robust economic reforms that foster long-term growth and sustainability are a function of sound credit economy.
He assured that the decisions and strategies developed from the conference are expected to have a transformative impact on Nigeria’s economy. By shifting the narrative towards a credit-based economy, the conference would highlight how credit can serve as a catalyst for economic stability and growth across various sectors – including banking, industries, trade, agriculture, MSMEs, and informal sector invigoration.
As in all encompassing program, HRM Oba Abdulwasiu Omogbolahan Lawal (Abisogun II), the Oniru of Iru Kingdom, and HRM Alaiyeluwa Oba Saheed Ademola Elegushi (Kusenla III), the Elegushi of Ikate Kingdom, would grace the occasion to cascade the take-home on the people at the grassroots governance.
More over, the Nigerian Bar Association (NBA), Federal Mortgage Bank of Nigeria (FMBN), Central Bank of Nigeria (CBN), Asset Management Corporation of Nigeria (AMCON), and the Nigeria Deposit Insurance Corporation (NDIC) are expected to be in attendance and presenting position papers, making this a truly monumental event for the financial and credit management sectors.
Described as the biggest gathering of credit industry stakeholders in the country, the chairman/President of the Governing Council of the Institute, Mr. Andy Ojei, urged all stakeholders in the credit market to take advantage of this conference to build a strong and credible credit economic system for the country.
“It is either one is taking or receiving consumer credit, trade credit, business to business credit, financial credit, or informal credit for the development of grassroots sub- sectors of our economy. My invitation, subject to registration, is open to all and every member of our country’s growing credit market” he noted.
