Economy

NDIC promises to ensure safety and stability of Nigeria’s financial system

Members of the newly inaugurated Board of the Nigeria Deposit Insurance Corporation (NDIC) have pledged to formulate policies that would ensure safety and stabilise Nigeria ‘s financial system.

The Chairman of the board, Mrs Ronke Shokefun made the pledge in a statement signed by NDIC‘s Head, Communications and Public Affairs, Mr Mohammed Ibrahim on Tuesday in Abuja.

According to the statement, Shonekun was speaking at the opening ceremony of the maiden retreat for members of the Board in Abuja.

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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.

Source: Daily Trust

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