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About Us |
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Board
Members
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Management Staff |
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Equipment Leasing Association of Nigeria (ELAN) was established
in 1983 primarily to promote the business of equipment leasing
in Nigeria. Membership of the Association ranges from banks,
finance houses, independent leasing companies, insurance companies
to professional firms and individuals.
Today,
ELAN is the chief promoter of leasing in the country with
its functional lease education and training scheme, awareness
programmes and liaison with all relevant government authorities.
The
Association remains committed to the development of a proactive
and enhanced leasing industry that would provide the much-needed
integral support to national economic growth.
Since
its inception, the Association has been involved in series
of activities in furtherance of its objectives. These include: |
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Lease
Awareness |
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As
the chief promoter of leasing in Nigeria,
ELAN has been engaged in various programmes
aimed at spreading the essence of leasing
in the country. Consistent media campaign
involving special features in major newspapers
and magazines have been embarked upon. Also,
we have partnership arrangement with other
development organizations.
Similarly,
the Association organizes on a regular
basis specialized forums in major sectors
of the economy, and a National Leasing
Conference yearly. Through the Association’s
efforts, the level of lease consciousness
in the country has improved to some extent.
However, a lot of work needs to be done
to take leasing to the desired level.
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Pursuit
of a Favourable Environment |
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The
attainment of a favourable environment for
leasing is one of the main challenges facing
the industry. ELAN has been working relentlessly
to evolve a vibrant, healthy and well- regulated
industry that will be beneficial to all
stakeholders. For instance, ELAN played
a major role in the enactment of a Leasing
Law for the industry. |
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Training/Education |
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Over
the years, ELAN has been reputed as the
citadel for lease training/education in
Nigeria and is today the sole authority
in leasing in the country. In the past 20
years, over 15,000 people have benefited
from ELAN training/education programmes,
which are primarily designed to build capacity
in the industry in line with international
best practices and standards. |
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Research
and Publication |
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ELAN
conducts regular research on activities
of the leasing industry and other economic
matters. The research findings and other
relevant leasing information are published
in the Association’s Journals for
the benefit of members and the general public.
Information on leasing developments in Nigeria
are also documented on an annual basis in
major international publications. |
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Advisory
Services |
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ELAN
provides services on various aspects of leasing including
taxation, accounting, legal, marketing and asset management.
It also provides support for intending lessors in setting
up leasing companies and packaging of lease proposals
for prospective lessees. |
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