Ado-Ekiti, Ekiti State – The Chartered Institute of Stockbrokers (CIS) recently commended the fiscal policy of the Ekiti State Government on Tuesday.
This recognition highlights the government’s significant role in accelerating development and attracting investors to the state.
During a courtesy visit, CIS members met with Governor Biodun Oyebanji at his Ado-Ekiti office. Mr. Oluropo Dada, President of CIS, emphasized Ekiti State’s recent achievement as the top-ranked state in Q4 2024’s Fiscal Transparency ranking by BudgIT.
This accolade underscores the state’s commitment to fiscal discipline and economic growth, guided by the administration’s six development pillars. In addition, CIS expressed its readiness to forge strategic partnerships with the Ekiti State Government to bolster economic growth.
The Institute plans to conduct regular financial literacy programs for government workers, focusing on finance, securities, and investment opportunities. Consequently, these initiatives aim to enhance financial intelligence and sustain economic breakthroughs across the state.
Moreover, CIS intends to introduce securities and investment-related programs in state-owned universities. They proposed enrolling approximately 1,000 Ekiti undergraduates in CIS qualifying exams, equipping them with essential skills and certifications for success in the investment sector.
Governor Oyebanji welcomed this collaboration, emphasizing the importance of leveraging the Institute’s financial expertise for strategic economic reforms. He reiterated that his administration’s fiscal policy is anchored on accountability and transparency, which has earned investor confidence.
Furthermore, the Governor underscored the need for financial literacy and inclusion to ensure sustainable financial growth among citizens. He expressed concern over the financial plight of retirees due to inadequate financial intelligence.
Ultimately, this collaboration between Ekiti State and CIS promises a strategic approach to fostering economic growth and financial empowerment within the region.
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