FG Directs NIMN to Enact Statutory Powers

Stories by Raheem Akingbolu

After operating for eight years without exerting its charter status, the Federal Government has finally granted legal teeth to the National Institute of Marketing of Nigeria, (NIMN).

This feat was announced through a formal proclamation by the Hon. Minister for Industry, Trade and Investments, Dr. Okechukwu Enelamah at the investiture ceremony of the newly elected president of NIMN, Mr. Anthony Agenmomen held recently in Lagos.

Commending members of the institute for putting their differences aside and working together as one, the minister observed that divisions in the past years have denied the institute in playing its statutory roles. “Now that you are united and looking forward to fully playing your role as prescribed in the enabling Act of the National Assembly of Nigeria under the National Institute of Marketing of Nigeria Act, 2003,… therefore, I Dr. Okechukwu Enalemah, Minister of Industry, Trade and Investment, Federal Republic of Nigeria, being the supervisory minister, hereby formally proclaim the National Institute of Marketing of Nigeria Act 2003” to the glory of God and the service of Nigeria”.

With the above quoted, the Hon. Minister, ably represented at the occasion by the Acting Managing Director of Bank of Industry (BOI), Mr. Waheed Olagunju enjoined NIMN to live up to its statutory powers by playing its full part to members and national development.

Specifically, he observed that the strategic relevance of NIMN has convinced him that the Ministry of trade and investment can collaborate with the institute in the task of moving the nation forward, stating that “we need to market the enormous investments opportunities in Nigeria”.

Earlier in his paper presentation during the investiture lecture, Chairman of the Troyka Group, Mr. Abiodun Olusina Shobanjo had in his lecture titled “Marketing Nigeria – The Challenges” urged NIMN to bridge the knowledge gap of its members.