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NIMN moves to enforce compliance with Marketing Act
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By Press Release
September 12, 2017 12:52:54pm GMT      |      Views: 431
L-R: Immediate Past President, National Institute Marketing of Nigeria (NIMN), Aare Ganiyu Koledoye; Current President & Chairman of Council, (NIMN), Mr. Tony Agenmonmen,; Chairman, Compliance Committee of NIMN Act, Mr. Debo Adebayo; and Registrar of the Institute, Mr. Sidney Ogodo during the Press Conference announcing the intention of the institute to enforce the Marketing Practice Act held at ADNA Hotel, GRA, Ikeja, Lagos.

The National Institute of Marketing of Nigeria (NIMN), has stressed that it is now fully positioned and determined to enforce the provision of the NIMN Act, which mandates marketing professionals and marketing related organizations in Nigeria to obtain practice license from the the institution.

The President of the institute Mr Tony Agenmonmen made this disclosure today in Lagos where he clearly declared that there are thousands of marketing professionals in Nigeria who are not registered with NIMN, adding that by the position of the law, they are clearly in violation of the NIMN Act No 25 of 2003. He noted that the responsibility for compliance rests on both the individuals and the companies that employ them.

According to him, “Section 20(2) of the Act states: If on or after the coming into force of this Act, any person who is not a member of the institute practices or holds himself out to practice as a marketer for, or in expectation of reward or takes or uses any name, title, addition or description, implying that he is in practice as a marketer, he commits and offence.”

In view of its determination to encourage such erring members to comply with the provision of the law, NIMN has created a window of opportunity for a special Fast Tracked Executive membership programme. This programme covers all categories of membership, including associate, full member and fellow.

Agenmonmen declared that interested professionals can register for the fast tracked programme through its online portal http://nimn.com.ng/ipay/members_registeration.php. He also added that those who may not be able to meet the requirement for the fast tracked executive membership will need to follow the examination route.Interested candidates have between 12 September to 31 December 2017 to undertake the programme.

The NIMN President noted that this development is in line with the institution’s preference for non-use of force in driving compliance. “Our approach to compliance is to avoid the use of force, except this is a very last resort. We are convinced that it is in the collective interest of all true marketing professionals and marketing organisations to support the effort to ensure that only true and qualified marketers, practice marketing,” Agenmonmen said.

At the expiration of the grace period, the NIMN President noted that a comprehensive register of marketing practitioners, including organisations that have registered and therefore are in compliance will be published. “Practitioners and organisations not in the register will be seen as unable or unwilling to comply with the provisions of the law and will be handled in accordance with the provisions of the Act accordingly.”

“By January 2018, it will be compulsory for all companies recruiting into their marketing departments to indicate membership of the National Institute of Marketing of Nigeria as a mandatory requirement in addition to other qualification for employment,” Agenmonmen said.

Still on the issue of membership, NIMN is also reaching out to about nine thousands of its over 10 000 members who have not been financially active, and whose membership of the institution have technically lapsed. These class of member have now been given up to December 2017 to regularize their membership by paying their accumulated subscription up to 2017. “If they fail to do so, their names will not be in the register and the provision of the Act will also apply,” Agenmonmen said.

As part of effort to drive this process, a compliance committee have been set up. The committee is expected to facilitate 

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