News
President Buhari signs CRMI Bill into law
President Muhammadu Buhari has signed into law the Chartered Risk Management Institute of Nigeria Bill, 2022, recently passed by the National Assembly.
According to details seen by our correspondent on Wednesday, the Act has given legal backing to the now-defunct Risk Management Association of Nigeria (RIMAN), vesting the power to teach and regulate the practice of risk management in the Institute.
The details read in part: โThis Act establishes the Chartered Risk Management Institute of Nigeria, charged with the responsibilities to control the risk management profession and serve as a professional body for persons seeking to become chartered risk managers in Nigeria.
โRisk Management is multidisciplinary, connecting all fields of human endeavour. It provides a structured approach to the timely identification, assessment, control and reporting of events, activities and uncertainties that may impede the achievement of set goals,โ it added.
The Institute, according to the new Act, is to, among other things:
(a) determine the standards of knowledge and skills to be attained by persons seeking to be members of the Institute and raise those standards as circumstances may require;
(b) conduct professional examinations leading to the awards of certificates as may be prescribed by the Institute;
(c) establish and maintain a register of members and publish the lists of members; and
(d) perform other functions conferred on it under this Act.
โIt is important to note that the Risk Management Association of Nigeria (RIMAN) has been at the forefront of entrenching global best practices in Risk Management across all sectors of the economy. This has led to the quest for an Act to establish the Chartered Risk Management Institute of Nigeria, to help produce professionally trained individuals who will be involved in the management of risks in the Private and Public Sectors of our Country as well as teach risk management using international best practices
-
Niger Delta5 days ago
IYC: 12 Killed, Over 50 Injured as Violence Erupts Over Eastern Zone Election
-
Politics6 days ago
Breaking: APC candidacy threatened as Abuja Court summons Okpebholo for making false statements on oath
-
National5 days ago
NAFDAC Press Statement Against Christ Mercy Land Deliverance Ministry Incorrect
-
News5 days ago
โForgive My Actionsโ โ Oshiomhole Apologies To Igbinedion
-
Sports6 days ago
UPDATE: Worldโs Most Monstrous Bodybuilder Dies At 36
-
News6 days ago
Gov. Diri attends burial of Pst. Ngozi Muoka, wife of Lord’s chosen G.O at Mgbidi
-
News4 days ago
Henceforth Any Police Officer Who Involves In Land, Rent And Marital Matters Will Be Sanctioned, Promotion Suspended-PSC
-
News5 days ago
Crisis hits Abiola family over oil asset as other children accuse Kola, Wuraola of fraud