Ekiti State, Stockbrokers’ Institute Plan Financial Intelligence Training

Ekiti State government and the Chartered Institute of Stockbrokers (CIS) have agreed to collaborate on capacity building and financial intelligence for top-level government officials in line with the Institute’s financial literacy programme.

Besides, plans are underway to introduce Bachelor Degree Programme in Securities and Investment at Ekiti State University, Ado Ekiti as part of the plan to attract youths into the Nigerian financial market.
Speaking at the CIS’ courtesy visit to Ekiti State, the 13th president and chairman of the Institute, CIS, Oluropo Dada, explained that the Institute had capacity to train the State’s top civil servant on financial intelligence.

Dada noted that, as part of the strategy to attract youths into the Nigerian financial market, Ekiti State University should introduce Bachelor’s Degree in Securities and Investment in the state universities to build a solid foundation of investment for the youths.

He explained that, “the leadership of the Institute identifies with the various fiscal reforms, initiatives, policies and ongoing infrastructural developments of the government and this courtesy visit is part of our effort to explore areas of collaboration and strategic partnership that will further enhance economic growth of the state.

“We request for government sponsorship of at least 1000 indigenous students of Ekiti in all the tertiary institutions in Ekiti state to write the Institute’s professional diploma examination as pathway to the Institute’s professional examinations. An executive order can be issued for inclusion of CIS professional qualifications in the state civil service scheme, including onboarding of B.Sc. Securities and Investment degree programme as one of the courses in all Ekiti state owned tertiary institutions to boost more students’ enrolment and revenue generation for the institution.”

Governor Biodun Oyebanji, who expressed gratitude to the Institute’s Council Member for the interest in the development of Ekiti State, assuring of the State’s willingness to collaborate in all the areas of request.

“Our government appreciates the roles of the capital market in the development of any economy. We have raised long-term fund from the market in the past for development projects and the projects are doing well today. We shall deepen our relationship with the Chartered Institute of Stockbrokers. We are willing to collaborate in training of government workers in financial intelligence to equip them with basic tools to manage resources after retirement.

“We will also partner in the onboarding of Bachelor’s Degree Programme in Securities and Investment in the State-owned tertiary institutions and other areas of supporting Ekiti indigenes, particularly the youths in acquisition of professional qualifications of the Institute,” he stated.