September 19, 2024

IST unveils Kano office, seeks increased stakeholders engagement

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Omeiza Bilal

The Investment and Securities Tribunal (IST) has unveiled its Kano zonal office.

Speaking at the unveiling of the zonal office, Chairman, Investments and Securities Tribunal Amos Azi, said the unveiling of the Tribunal’s zonal office is a testimony of the work that the tribunal is doing.

The edifice office which has been described by stakeholders as a master piece that mirrors a 21st century legal abode will make for smooth adjudication of justice. 

Azi, said the birth of IST is in recognition of the importance of a developed dispute resolution framework for the Nigerian Capital Market with a view to “ensuring a fair, efficient and transparent resolution of disputes for the promotion of market confidence and integrity.”

Also, the recent held a one day hybrid sensitization seminar in Kano. The seminar, which had as its theme: “Legal Profession and Capital Market Regulation in Nigeria; the Investments and Securities Tribunal in Focus”.

The seminar which had the Minister of Finance Chief Wale Edun as the special guests was attended by judges and lawyers across the zone and over 200 law students from Bayero University Kano (BUK) and the Ahmadu Bello University, in Zaria, Kaduna State.

“The aim of the seminar was to expose the activities of the Tribunal to the Legal Public as many were oblivious of the IST and how she aids conflict resolution arising from Capital Market disputes.

“The Investments and Securities Tribunal wishes to take time out to appreciate all who took time to attend these two auspicious events both on-line and on-site 

“These two events would go a long way in establishing the Investments and Securities Tribunal as “The Investors Court” that would lend credence not only to the Tribunal’s operations but put her on a pedestal of being the number one Investment’s Court that would become a reference point not just in Africa but in the global capital market.

“It is the hope of IST that whenever we call on you in the future, you would oblige us, and we can count on your prompt response to our requests whatever that maybe,” Azi added.

Speaking at the event, Edun, urged stakeholders to come up with suggestions on how to strengthen the capital market regulations and ultimately the IST for greater effectiveness.

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