Gadzama, Ajibade, Sanwo-Olu, Inaugurated into BRIPAN

The Business Recovery and Insolvency Practitioners Association of Nigeria, at its just concluded annual Conference inducted 203 members into its fold. 

The two-day Conference which held at the MUSON Centre, Lagos, had several breakout sessions which dealt with crucial issues and challenges facing the survival of businesses, under the present inclement economic environment in Nigeria. 

The programme ended with a Dinner and Gala Night, which climaxed with the induction.

Amongst the inductees were Chief J-K Gadzama, SAN, Dr Babatunde Ajibade, SAN, Lagos State Attoney-General, Lawal Pedro, SAN and the First Lady of Lagos State, Dr Ibijoke Sanwo-Olu. 

Addressing Conferees, BRIPAN President, Chimezie Ihekweazu, SAN said “The theme of this year’s Conference, was chosen in due consideration of the present economic realities in our beloved country today.

“While we acknowledge the present administration’s efforts to bring about positive changes to the economic welfare of our people and our nation, a lot of businesses continue to struggle for survival. 

“Nigeria continues to face extensive depreciation of its currency. Thus, there is a resultant negative impact on individual, huge and small businesses. We are also witnessing increased energy and transportation costs, as well as a very small growth of the nation’s GDP which is 3.19%. for the 2nd quarter of 2024.”

The Chairman of the Conference Planning Com-mittee, Albert Folorunsho on his part, said: ‘It is indeed, impossible to discuss any worthy programmes, without acknowledging the current economic challenges faced by Nigerian businesses and Nigerians”.

Folorunsho challenged the over 350 Conferees, to put forward thought-provoking relevant ideas that would be of benefit to the businesses and the country at large.