Institute confers fellowship award on 75 Nigerians

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Abuja  –  The Chartered Institute of Commerce of Nigeria (CICN) on Thursday in Abuja conferred fellowship awards on no fewer than 75 eminent Nigerians.
The News Agency of Nigeria (NAN) reports that the awardees were recognised based on their contributions to national growth in different business and academic endeavours.
NAN reports that the award was part of the activities of the 36th National Conference of Chartered Institute of Commerce of Nigeria (CICN).
Presenting the awards to the recipients, Mr Wale Olasoji, President of CICN, said the awardees had also distinguished themselves in the field of business, commerce and trade.
Some of the recipients were Malam Wada Maida, Chairman Board of Directors, Peoples Daily Newspaper and former Managing Director of NAN; Brig.-Gen. Paul Boro, Special Adviser to President on Niger Delta.
Others were Alhaji Ahmed Idris, Accountant-General of the Federation and Col. Hammed Ali (Rtd), Controller–General of Customs and Dr Godknows Igali, the Permanent Secretary, Ministry of Power.
Earlier at the plenary, Dr Adebayo Adedokun of Department of Economics, Obafemi Awolowo University, Ile-Ife, presented a paper on “the Role of Commerce as a Panacea for National Economic Growth.’’
Adedokun said that securing financial support was one of the greatest challenges the small scale enterprises were facing in the country.
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“The powerful structures of some institutions that are directly linked with enterprise development in Nigeria are constrained on the platform of securing finance for the trained young entrepreneurs,’’ he said.
The don, however, said the challenges of small enterprises and commerce in Nigeria was enormous.
“It is believed that strong legislation and institutional supports would assist the organisations, who have zeal to alleviate the crises of low performance of businesses in Nigeria,’’ he said.
The News Agency of Nigeria (NAN) reports that some of the discussants at the event were of opinion that Federal Government should look into renewable energy to boost electricity.
They also advised the government to diversify the economy by investing in agriculture, mining and textile sectors. (NAN)

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