Bill Sponsor: Hon. Billy Osawaru. Bill Progress: Second Reading.
The Nigerian House of Representatives is considering a new legislative proposal aimed at establishing the Chartered Institute of Business Development of Nigeria.
The primary goal of the bill is to create a professional body dedicated to the field of business development. This initiative seeks to regulate the practice within the profession, ensuring that standards of knowledge and skills are established for those wishing to become registered members.
By advancing the study and training in this field, the proposed institute aims to professionalize and standardize business development practices across Nigeria. This effort is expected to promote competence and ethical conduct among practitioners, ultimately enhancing the overall quality of business development in the country.
As discussions continue, stakeholders in the business community are closely watching the progress of this important legislative initiative.
