Emefiele, Others to Brainstorm on Sustainable Economic Development

• Emefiele, Others to Brainstorm on Sustainable Economic Development

Stakeholders in the banking sector have expressed their readiness to help to ensure sustainable economic development in the country.

According to a statement on Monday, they will be brainstorming on the way forward, during the 2018 financial markets conference of the Financial Markets Dealers Association scheduled to hold in September, with the theme, ‘The Nigerian financial market — A catalyst for sustainable economic growth’.

The statement said the Governor of the Central Bank of Nigeria, Mr Godwin Emefiele; the Chairman, UBA, Mr Tony Elumelu; and the Country Chief, International Monetary Fund, Mr Amine Mati, would be among the dignitaries at the conference.

The Acting Executive Secretary, FMDA, Mrs Mary Gbegbaje, noted that the opening remarks at the event would be delivered by the President, FMDA, Mr Samuel Ocheho, while the Director, Enterprise Development Centre, Pan-Atlantic University, Mr Peter Bamkole, would moderate one of the sessions.

Gbegbaje stated that the programme would be an opportunity for financial market participants, regulators, investors, corporates and other stakeholders to discuss ways of using the financial market to facilitate economic development through entrepreneurship and job creation.

She stated that Emefiele would be the keynote speaker while other renowned moderators and panelists including the Executive Secretary, Nigerian Investment Promotion Commission, MsYewandeSadiku; Co-Founder of AACE Food Processing and Distribution Limited, MrsNdidiNwuneli; a former President, African Finance Corporation, MrAndrew Alli ; Statistician General and DG of the National Bureau of Statistics, DrYemi Kale; and Senior Economist/Investment Strategist, Global Evolution, Mr Steven Bailey-Smith, would also contribute to the event.

“The conference will have as it sub-theme, ‘The role of the financial markets in unlocking capital flows to the real sector — spotlight on SMEs and agriculture sector and ‘Balancing monetary policy portfolio investment, foreign direct investments and FX targeting’, with Elumelu and Mati as lead speakers respectively,” the statement added.