CBN wants Buhari to sign FSS 2020 bills

In from Ali Smart …

The Central Bank of Nigeria (CBN) has appealed to President Muhammadu Buhari to quickly sign three recently passed bills concerning Financial Sector Strategy 2020 (FSS 2020).

The CBN is concerned that the bills may be treated with less attention than they deserve because they were passed in the dying days of the last National Assembly.

This appeal was made Tuesday by the Governor of the Central Bank of Nigeria (CBN) Mr Godwin Emefiele at the e-Government Summit 2015 in Abuja.

Emefiele who was represented by the Deputy Governor Operations of the CBN Alhaji Suleiman Barau lamented that the bills had been at the National Assembly for seven years and the President’s quick signing of the bills will “pave the way for the establishment of the Nigerian International Financial Centre and the other ancillary requirements in line with international best practice.”

Read also: CBN may review exchange rate

Emefiele said the CBN was ready “to support the e-Governance project in Nigeria as a way of deepening payment system in the country, as well as help enthrone transparency and accountability.

According tomhim, it is in the light of this that the CBN has been supportive of the FSS2020 project as a way of establishing an international financial centre in Abuja, with all the benefits accruable from the establishment like the Dubai model.”

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