Nigeria University News

House Of Reps Members Applaud CBN’s Project In UNILAG

Central Bank of Nigeria (CBN). Photo: Information Nigeria
Central Bank of Nigeria (CBN). Photo: Information Nigeria

Members of the House of Representatives, on Thursday, commended the Central Bank of Nigeria’s (CBN) Centre of Excellence faculty building project in the University of Lagos (UNILAG).

The members of the committee of Representatives on Banking and Currency made the commendation during an inspectection tour of the site of the banks’ intervention project in Lagos.

According to the bank, the N4bn project contitutes of two ultra modern buildings which consist of the main auditorium, offices, lecture halls, 150 rooms, restaurants, lounge and other facilities.

speaking at the inspection exercise, the Chairman of the committee, Hon. Jones Onyeriri, commended the apex bank for a job well done but adviced that the contractors speed up their work to see to the immediate completion of the project.

“We had a lot of challenges with the CBN with respect to the interventions of this project but as God would have it, immediately we started undergoing this oversight visit and seeing in reality what is on ground, most of us changed our minds if not everybody because it is obvious that the projects are laudable and not just being laudable but it’s been done in an excellent form.

“Yes in all things in life you could still have challenges here and there and part of it is what we have experienced here and it’s our duty to help them with the challenge.

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“I am not comfortable with it for the reason that we want the project like yesterday. First, for us, this project could have been completed like yesterday but having seen various challenges that they have, I and the members of the committee will only insist that the project be completed latest 2019, 2020 at the most. That is the most reasonable,” he stated.

The Director, Corporate Communications Department, CBN, Isaac Okoroafor, said there were technical challenges encountered during the construction of the building which kicked off in 2016.

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