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Banks partner FG on infrastructural development

Moses Nosike
Nigerian banks have entered into business pact with FG to sponsor infrastructure in the country as a way of elevating the nation’s economic standard.

CBN boss

Speaking at an event to formally announce the 2010 bankers’ night of the Chartered Institute of Banks of Nigeria (CIBN), Lagos branch, chairman of the Institute, Bayo Olugbemi, said one of the key aspects of economic growth is infrastructural amenities.

Olugbemi said that this is one of the reasons why the institute has assembled key players in both the financial industry and other stakeholders to deliberate on how infrastructure financing can be tackled.

According to him, the honourable minister of Finance, Dr. Olusegun Aganga, has accepted to be the guest speaker at the occasion and he has been given the choice to choose any contemporary topic of interest that will make positive impact on the participants in particular and the economy in general.

He said his Excellency, Babatunde Fashola, Lagos State Governor will be the special guest of honour, while Deacon Gamaliel Onosode a founding father of the banking industry in Nigeria will be the chairman.

He said this annual event provides unique opportunity for the exchange of ideas on contemporary economic, banking and financial issues adding that it is also an avenue for bankers to interact and network with the Nigerian business community.

He continued that the annual event billed to hold on August 5 at the Federal Place Hotel would be attended by key operators in the banking industry and a wide spectrum of active players in the strategic sectors of the Nigerian economy.


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