Categories: On the GoThe Nation

Buhari inaugurates CBN centre of excellence in ABU

Author:
Haleem Olatunji

President Muhammadu Buhari on Thursday inaugurated the Central Bank of Nigeria (CBN) centre of excellence at the Ahmadu Bello University (ABU), Zaria.

While inaugurating the project, Buhari pledged more funding to the education sector.

He commended the apex bank for supporting the federal government’s investments in the education sector as well as other areas of the economy.

The president urged the bank to extend such funding support to research to ensure economic development of the country.

In his remark, Godwin Emefiele, CBN governor, said the project was borne out of the need to produce a critical mass of skilled professionals that would be able to apply their knowledge toward supporting growth and continued innovation in the country’s financial sector and the economy in general.

“This is against the recognition that the dearth of skilled manpower constituted a binding constraint toward making Nigeria the number one hub for economic activity in Africa,” he said.

“The three first generation federal universities in the country across the six geo-political zones were selected under the first phase of the intervention programme. They are Ahmadu Bello University (ABU), Zaria; University of Ibadan (UI); and the University of Nigeria (UNN), Nsukka.”

He said the programme was later expanded to include six other tertiary institutions across Nigeria.

According to him, the centres are nearing completion in the various institutions.

Emefiele said the bank would remain committed to providing funding and infrastructural support to the education sector.

Recent Posts

  • On the Go
  • TheCable Special
  • Top Stories

EXCLUSIVE: Imo panel uncovers N112.8bn ‘stolen by banks’ under Okorocha

A committee set up to investigate the finances of the Imo state government under the Rochas Okorocha administration says it…

14 mins ago
  • On the Go
  • Viewpoint

The trekkers of today will snatch our cars tomorrow

I am not one the biggest fans of the motorcycle as a means of transportation. I wasn’t always an antagonist;…

2 hours ago
  • Business
  • On the Go

NCC: We’ll undertake cost research to protect Nigerians from telcos’ pricing

The Nigerian Communications Commission (NCC) says it plans to carry out cost research towards protecting consumers from possible unfair pricing…

2 hours ago
  • On the Go
  • The Nation

My parents thought I wouldn’t live long, says Fayemi as he clocks 55

Kayode Fayemi, governor of Ekiti state, says his parents thought he was not going to live long. Speaking in Ado-Ekiti,…

11 hours ago
  • On the Go
  • Top Stories

Femi Adesina: Northern Elders Forum is Ango Abdullahi’s one-man army

The presidency says the Northern Elders Forum (NEF) is a body that lacks credible membership. In a statement issued on…

12 hours ago
  • On the Go
  • Top Stories

Northern Elders Forum: Buhari in denial of his failure to secure the country

The Northern Elders Forum (NEF) says President Muhammadu Buhari is in denial of his failure to secure the country.  The forum, in a…

12 hours ago