Speaking at the event, the Chief Executive Officer, NSE, Mr.
Oscar N. Onyema, OON noted thus, “I am delighted to welcome the Executive
Chairman, FIRS, Alhaji Muhammad Mamman Nami to this Digital Closing Gong
Ceremony. The FIRS is saddled with the very important task of assessing,
collecting and accounting for tax and other revenues accruing to the Federal
Government of Nigeria. I must, therefore, commend the FIRS for its internal
revenue assessment and collection efforts for the benefit of our economy, even
in these challenging times. As responsible corporate citizens, we at the NSE
are proud to be associated with the FIRS and will continue to strengthen our
relationship even as we look ahead to our post-demutualisation phase.”
On his part, Alhaji Nami commented, “The FIRS has been keenly following the activities and the developments at The Exchange which bear mutual benefits to both institutions. Noteworthy is the demutualisation of the NSE which will undoubtedly promote access to diverse investment opportunities and strengthen investors’ confidence in the capital market.
Furthermore, there
is clear evidence that the policies being put in place by the Management of The
Exchange are yielding positive results given the impressive performance of the
equities market in 2020 despite the COVID-19 pandemic and harsh social and
economic conditions. I assure you that the FIRS will continue to support the
positive initiatives of the NSE to improve its operations, achieve its goals
and deliver on its mandate.”
The Exchange has remained resolute in its commitment to
provide a platform for stakeholders to engage with the capital market
community. Since the activation of its business continuity plan in March 2020
which led to remote trading and working from home, The Exchange has
transitioned many of its events to digital formats – including the Closing Gong
Ceremony – and continues to maintain seamless operations almost a year later.
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