NDIC Board Promises To Stabilise Financial System

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L-R: President, Mike Omotosho Foundation, Dr Mike Omotosho, immediate past Nigerian High Commissioner to Singapore, Amb. Ogbole Amedu-Ode and President, Entrepreneurs' Organization (EO), Abuja Chapter, Agaba Ikwue, during the EO's Learning and Recruitment Colloquium in Abuja, recently. Photo: Ibioye Diama

Members of the newly inaugurated Board of the Nigeria Deposit Insurance Corporation (NDIC) have promised to formulate policies that would ensure safety and stabilise Nigeria ‘s financial system.
The Chairman of the board, Mrs Ronke Shokefun, made the promise in a statement signed by NDIC ‘s Head, Communications and Public Affairs, Mr Mohammed Ibrahim, yesterday in Abuja.
According to the statement, Shonekun was speaking at the opening ceremony of the maiden retreat for members of the board in Abuja.
She said:” We are committed to providing the desired leadership required to enable the nation achieve its goal of becoming one of the top 20 economies in the world by Year 2020.
”As people of proven integrity, we are to collectively paddle the boat of NDIC in particular and that of the nation’s banking sector in general to safety.
“We owe this very important organisation and the nation that duty in order to justify the confidence reposed in us by President Muhammadu Buhari.”
The chairman described the role of the board as critical in the achievement of the corporation’s mandate.
She said the retreat would enable members gain full insight into the corporation’s mandate, its operations, achievements and challenges.
She further said the induction programme would also provide the board with the in-depth knowledge required for the formulation of policies to ensure enhanced service delivery by the corporation.