CICAN’s 2021 Conference To Address Impact Of Forex On SME’s 

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Yemisi Izuora

The Commerce and Industry Correspondents Association of Nigeria (CICAN) is hosting it’s 2021 workshop where key industry operators and other stakeholders in the economy will speak on impact of forex on the real sector and Small and Medium Enterprises, SME’s.

During the conference some selected distinguished industrialists and companies in the industrial and Small and Medium Enterprises (SMEs) sector in the country would be honoured.

The Association’s event chairman Barnabas Eshiet and the Organising Secretary Johnmark Ukoko respectively in a statement disclosed that the event with the theme ” The impacts of management of Forex on Real&  SMEs secror”, will attract  many captains of industry and top financial operatives, who were been expected to discuss the impacts of the shortage of forex on their firms in particular and the country in general.

The forum would provide the real sector & SMEs  and financial operators  opportunity to proffer solutions to industry challenges.

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

Expected dignitaries at the event include the President of Nigeria Chamber Commerce, Industry, Mines and Agriculture ( NACCIMA), the President of the Manufacturers Association of Nigeria ( MAN) Engr Mansur Ahmed, the president of National Association of Small Scale Enterprises (NASME), Bank executives, industrialists, top journalists and the members of the public.

The statement added that the event which is billed for December 16, 2021, is scheduled to hold at the Lagos Airport Hotel, Ikeja, Lagos.

Some of the manufacturers  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,  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 who have forge on with their operations despite the dunting challenges they have contented with over the years.

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