CICAN to Honour Distinguished Industrialists, Firms at Annual Conference

The Commerce and Industry Correspondents Association of Nigeria (CICAN) is set to host its Annual Workshop in Lagos where some selected distinguished industrialists and companies, in the industrial and Small and Medium Enterprises (SMEs) sector in the country would be honoured.

A statement jointly signed by the Association’s Event Chairman, Barnabas Esiet and the Organising Secretary Johnmark Ukoko and made available to the media recently in Lagos disclosed that the event with the theme “The impacts of management of Forex on Real & SMEs sector”, will attract many captains of industry and top financial operatives, who are been expected to discuss the impact of the shortage of forex on their firms in particular and the country in general.

The CICAN’s statement noted that the forum would provide the Real Sector, MSMEs and financial operators the opportunity to tell their stories.

The event would provide CICAN members, according to the statement, an opportunity to fully beam their searchlight on the impact of scarcity of FX on the country’s manufacturing sector in particular and SMEs sector, which has experienced stunted growth due to the myriads of challenges they have to grapple with over the years.

“Some stakeholders being expected include; the President of Nigeria Chambers is Commerce, Industry, Mines and Agriculture ( NACCIMA), Ide Udeagbala, the President of the Manufacturers Association of Nigeria ( MAN) Engr Mansur Ahmed, the president of National Association of Small Scale Enterprises (NASME), Banks executives, industrialists, top journalists and members of the public.” The statement read.

According to the organisers, the event is scheduled to hold on December 16, 2021 by 10am at the prestigious Lagos Airport Hotel, Ikeja, Lagos, Nigeria.

The statement disclosed that CICAN will use the opportunity of the forum to give awards to some renowned industrialists for their great stride and ingenuity in continuing to operate their business in the country despite the many headwinds they have had to grapple with.

Some of the dignitaries to be honoured include:  A renowned industrialist, His Royal Highness Igwe Chris Oranu Chidume, the Managing Director/ Chief Executive Officer of Kris Oral Group of Companies, Ogbaru, Anambra State, the Managing Director of Cabelman Wires and Cables Me George Onofowokan.

Others include; the Nigeria Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), the Manufacturers Association of Nigeria (MAN), Innoson Vehicle Manufacturing (IVM), the Bank of Industry (BOI) and MedPlus Pharmaceuticals Limited and some other local firms that have forged on with their operations despite the unfavourable business climate in the country.

CICAN is one of the country’s oldest Beat Association affiliated to the Nigeria Union of Journalists (NUJ), with its National Headquarters in Lagos and affiliate members in Abuja, Aba and some other cities where there are concentration of manufacturing firms.

CICAN members report and analyse the country’s Real Sector, MSMEs, Commerce and Industry. It will be recalled that every year CICAN in December CICAN brings together captains of industry, MSMEs, bankers and other operators to discuss issues that affect the Real Sector and MSMEs in the country.

November 21, 2021