Experts in resource management are set to discuss the role of banks, chief finance officers (CFOs) and commerce ahead of the full implementation of cashless regime being driven by the Central Bank of Nigeria (CBN).

Before now, the CBN had at various fora informed stakeholders from public and private sectors on the need to embrace the cashless regime, while taking Lagos State as the pilot state.

At the forth coming Nigeria Development Forum (NDF 10), these resource experts pulled together by the African Center for Resource Studies (ACRS) will be examining among other issues short term benefit and long term impacts of cashless regime on growth and job creation.

Chris Onwuka, president, African Center for Resource Studies told financial journalists ahead of this national stakeholders forum of public policy, decision makers and CFOs that this is meant to find a way forward considering the challenge and lessons in building confidence in public leadership, budgeting, public sector finance and fiscal governance.

ACRS is the foremost regional partnership of leaders from government, business, media and the academia committed to the optimum development and use of resources; dedicated to the study of public governance, gender and public leadership.

NDF 10 would also be looking at the fiscal policy and public expenditure management in the post oil subsidy crisis targeting specifically on the short term impacts and long term implications on the Nigeria economy.

Onwuka further stated that these resource experts at different sessions would x-ray the basis for performance based budgeting and its impact on development; the benefits of Public Private Partnership (PPP) and the Nigerian economy; how to embed good governance practices in public expenditure management, public finance and governance; and how to demonstrate value and accountability through engagement and transparent auditing performance improvement measures.

“African Center for Resource Studies works toward fulfilling Africa’s obligation to United Nations (UN)-Millennium Development Goals (MDGs), thus advocating for development and good governance as the core plan of our regional security, peace, prosperity and growth. Our programmes are conducted regularly and are coordinated from selected cities and first class public institutions across the globe,” he added.