CBN restates commitment to sound financial system
CBN governor,
Sanusi Lamido Sanusi, on Wednesday, restated the commitment of the apex
bank to building a virile financial system in the country. Mr Sanusi
made the statement at a public hearing on bills to establish the
Nigerian International Financial Centre (NIFC), Office of the Nigerian
Financial Obudsman, and National Alternative Dispute Resolution
Commission.
The hearing was
organised by the House of Representatives Joint Committee on Banking
and Currency, Finance, and Justice. The bills seek to establish the
centre for the purpose of creating a world-class financial zone that
would act as a catalyst for economic growth.
Mr Sanusi said that
with the financial meltdown witnessed globally, the CBN was committed
to put in place a sound financial system, adding that a comprehensive
insurance bill would soon be introduced to the National Assembly for
consideration.
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