THE Chartered Institute of Bankers of Nigeria (CIBN) has appealed to the National Assembly to pass the Financial System Strategy (FSS) Bill into law to promote financial inclusion and strengthen electronic payment system. A statement by the Spokesperson for the Institute, Mrs Folake Akintayo, said the CIBN President, Prof. Segun Ajibola, made the appeal in Abuja during a visit to the Senate President, Dr Bukola Saraki. Ajobola also urged the National Assembly to pass other bills pending before it like the Nigeria International Financial Centre Bill, Financial Consumer Protection Bill and the Electronic Payment System Bill. The CIBN boss commended the Senate for passing the Collateral Securities Bill into law. Responding, the Senate President said the Senate, under his leadership, had passed several bills geared towards strengthening the financial sector for the overall growth of the economy.

Source: Nigerian Tribune May 14, 2018 11:48 UTC