Economy

Nigerian Financial System Safe or not -CBN


Nigerians and many others have
been assured of the safety of the country’s financial system by the Central Bank of Nigeria (CBN).
Mr. Godwin Emefiele, the Governor of the Central Bank of Nigeria, said yesterday in Bauchi at a two-day CBN Fair titled “Promoting Financial Stability and Economic Development,” that the apex bank was ready to listen to Nigerians in order to figure out how best to serve them with the goal of improving the financial system and supporting small and medium-sized businesses.
The goal of the fair, according to Emefiele, who was represented by Mr. Osita Nwanisobi, Acting Director, Corporate Communications, CBN, was to raise knowledge of the bank’s policies and enhance confidence in the financial system.

Godwin emefiele, central bank Governor


He encouraged the audience to speak up so that the CBN could learn about the parts of the intervention that needed to be improved.
In his remarks, Ibrahim Hashim, Secretary to the Bauchi State Administration (SSG), said the government would continue to work with the CBN to ensure that the people of the state benefited from the central bank’s varied interventions.
Hashim, who was represented by Chiroma Ahmed, Director of Research at the Government House in Bauchi, said the government’s top objective was to lift people out of poverty and offer jobs and a source of income for unemployed youths and women.
The SSG praised the CBN for offering Nigerians easy access to loan facilities, a trend he claimed had transformed the country’s financial process and narrative.
Idris Haladu, the CBN branch controller in Bauchi, announced that the CBN would be available to answer questions about the interventions available to the public.
Haladu, who was represented by Adamu Isa, Branch Head of Banking Services, said the CBN would listen to the beneficiaries of the various intervention programs in order to determine the next actions to take in order to meet the program’s objectives.

by Jane Torimiro

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