CIBN seeks support for amendment of Act No 5


By Ahmed Ahmed

The Chartered Institute of Bankers of Nigeria (CIBN) has urged Governor Bala Mohammmed of Bauchi State to support the institute on its  proposed amendment of Act 5 of 2007.

The institute made the appeal in a statement issued by the Head, Corporate Communication & External Relations of CIBN, Mr Nelson Olagundoye, in Bauchi on Wednesday.

The CIBN also pleaded with the governor to support the proposed amendment, when presented to the National Assembly.

Besides, it advised the 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.

It also stated that the governor commended the CIBN for donating a 160-seater lecture theatre at the Abubakar Tafawa Balewa University Bauchi, ATBU.

The statement said Governor Mohammmed made the commendation  while receiving the CIBN team led by Dr. Bayo Olugbemi, President /Chairman of Council, who paid him a courtesy visit, at his office.

According to the statement, 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.

It assured that the govenor’s administration would continue to support the institution’s activities and would collaborate with CIBN on capacity building for its relevant workforce in the state.

“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,” the statement said.


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