Finance Industry & Commerce

IIADRI 2022 annual symposium holds today

THE Issuers and Investors Alternative Dispute Resolution (IIADRI) has concluded arrangements to hold its annual symposium for the year 2022 themed ”AfCFTA: Matters Arising” on Wednesday, 2nd March 2022 in Lagos.

According to the organizers, due to global conditions, the physical event would be restricted while the virtual aspect is open to all and sundry. However, intending participants can register for the event at: http://Bit.ly /IIADRI2022Symposium

Expected speakers at the event include the Lagos Chamber of Commerce and Industry (LCCI), Director General, Dr Chinyere Almona, KPMG’s Managing Partner, Olufemi Babem, The Executive Secretary, National Action Committee on AfCFTA, Frances Anatogu.

Other speakers are Director General of Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadire , Dr Ezra Yakusak, the Executive Director/Chief Executive Officer of Nigeria Export Promotion Council (NEPC), Ambassador Ayoola Olukanni, The Director-General of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture and Nigeria Investment Promotion Councils (NIPC) Executive Secretary , Mr Emeka Offor among others.

According to a statement signed by IIADRI helmsman, Mr Moses Igbrude part of the group’s core objective is to promote and encourage stakeholders in the Nigerian capital market and the general economy to tap into the opportunities offered by AfCFTA to Nigerians as a nation.

The theme for this year, he said, was carefully selected to address the numerous complaints raised by corporate organizations on the AfCFTA and our desire is to find out how we can via the platform of the symposium enable private companies in the export value chain, SME’s, governments of various tiers to be on the same page as regards to what needs to be done and what needs to be understood for Nigeria to prosper.

He maintained that the symposium will give an opportunity to all stakeholders to dialogue and articulate ways to foster not only a mutual and better understanding between the players in the export market, manufacturers, governments, regulators but intends to engender a good working relationship that will benefit all parties in the value chain.

He urged that wherever there is trade there would always be the need for dispute resolution and therefore called on the governments of Africa to ensure that effective dispute resolution platforms are in place to ensure the success of AfCFTA, saying that IIADRI was formed to encourage alternative- inexpensive ways to dispute resolution.

According to him expensive and time-consuming dispute resolutions end up killing businesses and Nigeria should ensure that alternative ways are available in the overall interest of Nigerian businesses that will be playing in the trade between African nations.

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