President Goodluck Jonathan (GCFR) has challenged the banking sector to shore up its funding for priority sectors especially agriculture as well as manufacturing and mining, to stabilize the economy and help to alleviate the impact of oil shocks on the Nigerian economy. The President made this admonition at the 7th Annual Banking & Finance Conference of the Chartered Institute of Bankers Of Nigeria (CIBN) in Abuja through his representative, the Minister of State for Finance, Dr. Yerima Ngama. The two-day conference held at Transcorp Hilton Hotel Abuja from September 10-11 2013. The Keynote Address was delivered by Malam Lamido Sanusi Lamido; Governor, Central Bank of Nigeria (CBN).
Accordingly, Mr. Segun Aina, OFR, FCIB, the President/Chairman of Council welcomed all attendees to the Golden Jubilee (50 years) anniversary of the Institute. Mr. Aina said the Conference currently aims at generating solution-focused ideas and expanding the knowledge of participants around key topical and contemporary issues. “For instance, in 2008, the conference canvassed the establishment of Sovereign Infrastructure Fund and today the Nigerian Sovereign Wealth Fund is in place and functioning!”
He assured that, the communiqué, which would emerge at the end of the Conference, would be widely publicized and presented to all stakeholders for consideration, adoption and implementation.