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Wednesday, August 12, 2015

CBN ready to support e-governance project in Nigeria

ITRealms

The Central Bank of Nigeria said it will not take back bench in the e-governance project in Nigeria as a way of deepening payment system in the country as well as help enthrone transparency and accountability, ITRealms reports.

The CBN Governor, Mr. Godwin Emefiele said, “the CBN is 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. It is in this light 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.”

In the report by The Nation, Emefiele called on President Muhammadu Buhari to urgently give presidential assent to three bills passed by the National Assembly concerning Financial Sector Strategy 2020 (FSS 2020).

The CBN boss, ITRealms learnt, made the appeal during the e-Government Summit 2015 in Abuja even as he frowned that the bills had over-stayed on the floor of the National Assembly, adding, the CBN  ”pleads with Mr. President to take time out and look at the bills and give them his assent because they will help to move this country forward.”

Represented by the apex bank’s Deputy Governor (Operations), Alhaji Suleiman Barau  on the occasion, he said the bills had for seven years been at the National Assembly, saying that the president’s assent to the bills will “pave the way for the establishment of the Nigerian International Financial Centre and other ancillary requirements in line with international best practices”.

The CBN is particularly worried that the bills may be given less attention than they deserve because they were passed during the last days of the 7th National Assembly, ITRealms reports.

Cyriacus Nnaji/ED,OPs
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Pix:The CBN Governor, Mr. Godwin Emefiele

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