The Chartered Institute of Purchasing and Supply Chain Management of Nigeria (CIPSMN) has inducted new members for the institute. The institute inducted the members at this year’s Batch A induction ceremony in Lagos.
The institute also conferred fellowship awards on five individuals who were found worthy in both character and learning. Speaking at the ceremony, President of CIPSMN, Sikiru Balogun, said the event marks the cumulative of years of dedication, perseverance, and burning of candles in the night for the growth of individuals certified as knowledgeable and competent enough to practice the profession.
Balogun charged the inductees to maintain ethical responsibility as stated in their Act and to contribute meaningfully to society to solve the real world’s problems and to inspire change for the better. He urged new members to cooperate with other colleagues, network, and seek more knowledge to develop themselves in the profession.
“The knowledge you have gained will serve as the foundation, but it is your continuous learning, adaptivity, and passion that will define your success as a professional,” he said.
The president warned new members against joining bad wagons, stressing that the institute will not spare any discipline before handing such a person to the Economic and Financial Crime Commission (EFCC) Code of Conduct Bureau or law enforcement agents for prosecution.
Delivery a paper on ‘Contributions of Procurement and Supply Chain Management Practice to National Development: A Call for Recognition’, Registrar and Chief Executive Officer, CIPSMN, Prof. M. J. Aliyu, highlighted the critical elements involved in the profession and its role in developing the country.
Aliyu said for the federal government to streamline, curb wastage and corruption, reduce incidents, and abandon projects, among others, it must recognize the profession as an essential ingredient of democratic dividend delivery and as part of effective budget implementation and good governance.
He urged the government to support and enforce the Public Procurement Act 14 and CIPSMN Act 21 of 2007 as a fundamental principle and best practices to ensure an effective and efficient procurement system, ethics, and accountability as a hallmark of professionalism.
The registrar added that the government must protect the property of citizens by ensuring and enforcing the right contract due process, principle, and best practices in Nigeria’s procurement and supply management system.
