CIBN/ODA/NAO/CCER

November 17, 2021

Business Editor

Dear Sir/Ma

PRESS RELEASE

GOVERNOR MOHAMMED LAUDS CIBN FOR DONATING 160-SEATER LECTURE THEATHER TO ABTU

The Governor Bauchi State, Senator Bala Mohammed has commended the Chartered Institute of Bankers of Nigeria for donating a 160-Seater lecture theatre at the Abubakar Tafawa Balewa University Bauchi, ATBU.

Governor (Sen) Mohammed made the statement while receiving the CIBN team led by Dr. Bayo Olugbemi, President/Chairman of Council who paid him a courtesy visit, at the office of the Governor, Bauchi State.

The Governor Bala applauded the efforts of the institute and indeed the banking industry for its various contributions to the development of the state, especially in helping its government in revenue drive for the state. He added that his administration will continue to support the institution’s activities.

The Governor said that his administration will collaborate with the Chartered Institute of Bankers of Nigeria (CIBN) on capacity building for its relevant workforce in the state.

According to Governor Mohammed, ‘the Bauchi State is one of the peaceful states in the north-east of the country’. “Also, the government of Bauchi State will be willing to share our own experiences dealing with governance at both the state and the local levels. So, we will extend the hand of any relationship with the CIBN in exploiting their judiciary and collaboration to organize training and workshops on issues of mutual concern

Earlier in his remarks, the CIBN President, Dr. Bayo Olugbemi said “We thank you for giving us the opportunity to have this audience with you today while we commend your laudable achievements, especially in the areas including Road Infrastructure, Transportation, Energy, Natural Resources, Youth Empowerment programmes and several other developmental projects as well as Social Investment Programmes across the State.

He also appreciated the Bauchi State Government for its support to the banking industry by way of efficient and effective security system which has provided enabling environment for the Banking and finance industry to thrive in the State.

Dr. Olugbemi further explained that the Institute is in the state for very auspicious reason and as part of its developmental programmes resolved to institute Learning Legacy Projects in higher Institutions in Nigeria with a view to deepening the study of banking and finance and to address the gap between the industry and the academia. To kick start the process, in addition to reviewing the Institute’s Banking Professional Examinations Syllabi, the Institute at the first phase is bequeathing a 160-Seater ultra-modern lecturer theatre, fully furnished with modern ICT infrastructure, to six (6) higher institutions in Nigeria, one in each geo-political zone. The beneficiary institution in the North-East Zone is Abubakar Tafawa Balewa University, (ATBU) Bauchi, he said.

Dr. Olugbemi said ‘I am happy to inform you that we are just returning from the groundbreaking Ceremony, and we shall be inviting Your Excellency for the commissioning of the edifice very soon as the project is scheduled to be completed in sixteen (16) weeks.

CIBN President told the Governor the CIBN’s readiness to collaborate with the Government in organizing an Annual Seminar for Judges on Banking and Allied Matters for the Bauchi State Judiciary. According to him, CIBN would leverage on its over 20years experience of running a similar Programme for all the judges in the Country in collaboration with the National Judicial Institute.

He further said that the Institute would be most willing to partner with the relevant ministries of the state government to enhance the capacity of their personnel in the area of banking and finance.

He also said that the Bauchi state should take advantage of the numerous experienced professionals in the Banking industry that can help handle various projects and initiatives of Bauchi State Government while the Institute will be readily avail the Government nominations for such assignments.

Dr Olugbemi also pleaded with the Governor to support for the proposed amendment of the CIBN Act No. 5 of 2007 when presented to the National Assembly as well as encouraged Bauchi State government to absorb Banking and Finance graduates/ACIB qualification holders into the State Civil Service in view of the immense value they will bring into public service.

Thank you for using this release.

Thank you for your consistent interest in the activities of the Institute.

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