Nigeria University News

CBN Is Aimed To Build Human Capacity For Financial System – Emefiele

 Godwin Emefiele, CBN Governor. Photo: Guardian Nigeria
Godwin Emefiele, CBN Governor. Photo: Guardian Nigeria

Godwin Emefiele, Governor, Central Bank of Nigeria (CBN), has said the Central Bank is a knowledge-based and visionary institution, which is aimed at building human capacity for the financial system in particular.

The CBN Governor said this in Enugu when President Muhammad Buhari inaugurated the world-class postgraduate Centre of Excellence at the University of Nigeria, Nsukka, which was constructed and donated by the CBN.

Emefiele said the project was mainly to ensure that students at postgraduate levels in Economics, Accounting, Banking and Finance, Business Administration and Statistics studied in a serene environment that would stimulate effective learning, with a view to building human capacity for the financial services sub-sector.

According to him, the project, which was the product of a N10bn endowment fund instituted in 2006 that had grown to over N23bn, was also aimed at checking brain drain as well a strain on the country’s foreign reserve used for funding educational pursuits abroad.

While thanking stakeholders in the Federal Ministry of Education, National Universities Commission and the University of Nigeria for their support in making the project a huge success, the CBN Governor advised the university to take maximum advantage of the project in order to produce graduates that were able to compete favorably in the global market.

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