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Economic revival! Osinbajo, Emefiele, to attend World Conference of Banking Institutes (WCBI) in Lagos


– Professor Yemi Osinbajo and Godwin Emefiele are scheduled to be in Lagos in April

– The Vice President and the CBN governor will be partaking of the World Conference of Banking Institutes (WCBI)

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– Their visit is aimed at projecting Nigeria’s financial and economic opportunities to global finance audience

Vice President Yemi Osinbajo will be representing the Federal Government at the forthcoming World Conference of Banking Institutes (WCBI), scheduled to hold in Lagos next month.

Bankers from all over the world are expected to converge in Lagos for the world conference, where the vice president, will be leading the FG team along with the overnor of the Central Bank of Nigeria (CBN), Godwin Emefiele, in projecting Nigeria’s financial and economic opportunities to global audience.

Economic revival! Osinbajo, Emelife, to attend World Conference of Banking Institutes (WCBI) in Lagos

Economic revival! Osinbajo, Emelife, to attend World Conference of Banking Institutes (WCBI) in Lagos

Vanguard reports that the 22nd edition of the biennial conference, the first in West Africa, would be hosted by the Chartered Institute of Bankers of Nigeria (CIBN).

The conference which will attract chief executive officers both in the private and public sectors across the globe, would be focusing deliberations on the theme: “Re-Thinking the Future of Banking and Finance and Life Long Learning.”

According to the President and Chairman of Council, CIBN, Professor Segun Ajibola, the conference will seek to review and keep abreast of changes in the domestic and global financial systems, as well as underscore the crucial role played by the banking and financial services sector in the global economy.

He stated: “The conference is geared at addressing impacts of technology and globalization on the financial services sector and how it can be effectively applied in service delivery, both to bank customers and in banking education and training.”

Ajibola said that the hosting of this conference in Nigeria is very timely and auspicious considering the fact that the country is in search of viable alternatives towards repositioning the economy.

He said: “We want to reflate our economy and attract investments into the country. This conference will provide a veritable platform for us as a nation to showcase to the entire world our rich cultural heritage and investment potentials. We are expecting over 750 participants from all the continents of the world and we have started receiving confirmation of attendance in this regards.”

Ajibola also informed that the Governor of Lagos State, Mr Akinwunmi Ambode, has adopted the conference as part of the State’s activities to celebrate the 50th anniversary of its creation in recognition of the huge potentials the hosting of the Conference in Lagos offers.

The banking industry in Nigeria, according to him, would be fully present at the conference with Emefiele playing a lead role. Ajibola had also noted the pivotal role if CIBN in nurturing a knowledge based strong banking sector in Nigeria.

He stated: “To ensure universality of knowledge and skill in the industry, the Bankers Committee has appointed the Institute as the Sole Accreditation Agency for the implementation of the Competency Framework for the Nigerian Banking Industry.”

“To carry out this mandate, we are in strategic partnership with highly reputable local and foreign institutions such as International Finance Corporation (IFC), Global Association of Risk Professionals (GARP), London Institute of Banking and Finance, UK, International Association for Examination Assessment (IAEA), Retail Banking Academy, a member of the Lafferty Group, UK, Risk Managers Association of Nigeria (RIMAN), the Independent Corrupt Practices and Other Related Offences Commission (ICPC) and many tertiary institutions in Nigeria,”Ajibola stressed.

Recall that Osinbajo caused panic among staff of the various agencies manning the Murtala Muhammed International Airport, Lagos, when he suddenly appeared to have first-hand knowledge of installed facilities in a recent visit.

Osinbajo’s visit to the airport comes just days after he began a 60-day move, through the Presidential Enabling Business Environment Council (PEBEC) he chairs, to strengthen the Nigerian economy.

Accompanied by Hadi Sirika, the minister of state for Aviation, acting president was said to have found out that the carousels in the arrival hall were not functioning.

He also discovered that air-conditioners and chillers in the departure and arrival halls were not working. Apart from this, the escalators and elevators were non-functional.

He also declared reportedly declared an urgent task to correct many of the problems already identified by the council.

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