By InvestAdvocate

Lagos (INVESTADVOCATE)-Bureaux De Change (BDC) operators have adopted four (4) resolutions to resolve the lingering leadership crisis in the Association of Bureaux De Change Operators of Nigeria (ABCON).

This is contained in statement made available to InvestAdvocate at the weekend coming on the heels of stakeholders meeting of BDCs in the South West zone.

Since last year, some members of the Association’s Board of Trustees and the Executive council have been locked in legal battles which have grounded its operations.

Addressing the meeting, Abdul Rasheed Amao, CEO, A&S BDC, and  a member of the Stakeholders’ Committee,  said that the leadership crisis had denied BDC operators of a voice to speak on their behalf at a time such voice is needed most.

According to him, the meeting was convened to allow BDC operators brainstorm on the way out of the leadership crisis. 

First of the four (4) resolutions considered for adoption  is a call from Mojisola Adesanya of Anchoria BDC that warring members of the Board of Trustees and the Executive council should withdraw the court case at the Supreme Court and settle amicably.

The second resolution was for an emergency general meeting of all stakeholders nationwide and the third was mandating the committee to develop the agenda for a proposed Extraordinary General Meeting (EGM).

While the fourth resolution mandated the committee to  meet with Bamidele  Adiesa, pioneer chairman Board of incorporated trustees ,other members of pioneer board of trustee and four (4) members of stakeholders committee to resolve the issue..

The resolutions were adopted via a voice vote by all BDC operators that attended the meeting.

Also, the stakeholders meeting resolved to checkmate the falling fortune of the naira  in support of the monetary policies of the Central Bank of Nigeria (CBN).