Stockbrokers to set new agenda on Agriculture and Economic Development

The Chartered Institute of Stockbrokers (CIS), has concluded arrangements to hold its 26th Annual Stockbrokers’ Conference where topical issues in the financial market and the economy in general shall be the main focus.

This year’s Conference, with the theme, ‘Capital Market and Agricultural Development in Nigeria’ Issues and the way forward, is scheduled to hold in Benin City from Wednesday, September 7, 2022 to Friday, September 9, 2022 shall be declared open by the Executive Governor of Edo State, who is also a Chartered Stockbroker, Stockbrokers to set new Agenda on Agriculture and Economic Development in Nigeria

The Chartered Institute of Stockbrokers (CIS), has concluded arrangements to hold its 26th Annual Stockbrokers’ Conference where topical issues in the financial market and the economy as a whole shall be the main focus.

This year’s conference, with the theme, ‘Capital Market and Agricultural Development in Nigeria: Issues and the way forward,’ is scheduled to hold in Benin City from Wednesday, September 7, 2022  to Friday,  September 9, 2022, shall be declared open by the Executive Governor of Edo State, who is also a Chartered Stockbroker, His Excellency Mr Godwin Obaseki.

In a statement from the Institute, the conference theme was carefully chosen to provide a platform to enable experts to advise the Federal Government on how it can leverage the commodities market to grow the nation’s Gross Domestic Product ( GDP) into a double digit, provide food security, guarantee employment, eliminate banditry and terrorism etc.

“The Food and Agricultural Organisation (FAO) says agriculture is the foundation of the Nigerian economy, employing about 35 per cent  of the country’s population. The sector also contributes approximately a quarter of the country’s Gross Domestic Product (GDP)  despite the presence of crude oil. Consequently, agriculture is a sector that has been of topmost priority to the Nigerian capital market. Two companies in the agricultural sector, Okomu Oil Palm Co PLC and Presco PLC , have ranked among the highest price gainers on the NGX in recent time.

“It is on this basis that the 2022 Annual Stockbrokers Conference beams its searchlight on agriculture, exploring the nexus between the sector and the capital market as drivers of employment and economic growth, and proffering effective strategies to restore Nigeria to the path of double-digit growth in Gross Domestic Product (GDP)through agricultural development,” according to the statement.

The high-profile event, which shall attract top government functionaries, capital market regulators and operators and captains of industries shall address the following topical issues: Commodity Exchanges and Agricultural Development in Nigeria, the cost of food importation with the adverse effect on foreign exchange earnings, Harnessing Technology to Drive Innovation and Growth in the Capital Market, Advancing Financial Inclusion and Capital Market Literacy in Nigeria, Capital Market Regulation in the Digital Age and Finance  Act 2021: Capital Gains Tax.”

…About CIS

The Institute was established by Act 102 of 1992 (Laws of the Federal Republic of Nigeria) as the body statutorily empowered to train, certify and guide the professional development of the core professionals in the Nigerian Capital Market. The Annual Stockbrokers Conference is the most important event of the Institute, bringing together all the members from various locations around the world, through live and virtual transmission, to discuss critical issues affecting both the Institute and the Nigerian Capital Market.