TheCable

President Muhammadu Buhari says his administration will continue to implement policies for Nigeria’s self-sustenance.

Buhari said this on Tuesday at the 15th annual banking and finance conference organised by the Chartered Institute of Bankers of Nigeria (CIBN) in Abuja.

The theme of the conference was ‘repositioning the financial services industry for an evolving global context.’

Buhari, who was represented by Zainab Ahmed, minister of finance and national planning, said the theme was apt as there was a need to constantly adapt to internationally acceptable practices to improve the efficiency and effectiveness of the sector.

He further pledged the government’s support to the banking and finance sector in ensuring consistency in improving financial stability.

“Let me seize this opportunity to commend the regulators of the industry; CBN, NDIC, SEC, NICOM for their diligent work which has ensured financial system stability in the country over the years,” Buhari said.

“I wish to also assure the entire banking and finance community that the government will continue to support the industry in all appropriate ways.

“Government will ensure that the sector continues to deliver on its mandates while creating value and innovation for its customers.”

Buhari also urged Nigerians to exploit the country’s comparative advantages for economic growth and prosperity.

“We need a Nigeria for the future that harnesses her strengths, competencies and cultural diversity to tackle the challenges that plague her people; from climate change to pandemics, and insecurity,” he said.

“Government will continue to formulate and implement policies that are aimed at promoting self-sustenance in critical areas such as energy, agriculture, health, technologies.”

Meanwhile, the conference had in attendance stakeholders from both the public and private sectors as well as Femi Gbajamiamila, speaker of the house of representatives, and Babajide Sanwo-Olu governor of Lagos state, who were both represented.