Banking Sector Key to Nigeria’s Economic Growth – Alawuba

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•••Says Collaboration, Innovation, Visionary Leadership Essential for Transformation

The banking sector has been identified as a critical driver of Nigeria’s economic growth and development.

This was the consensus at the 17th Annual Banking and Finance Consultative Committee conference held in Lagos on Tuesday.

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In his keynote address, Mr. Oliver Alawuba, FCIB, GMD/CEO UBA Plc, Chairman Body of Banks’ CEOs, and Chairman, 17th Annual Banking and Finance Consultative Committee, emphasized the importance of collaboration, innovation, and visionary leadership in transforming the sector.

Alawuba expressed gratitude to the President of the Federal Republic of Nigeria, Asiwaju Bola Ahmed Tinubu, GCFR, and other dignitaries for their presence and contributions to the conference. He also commended the Chartered Institute of Bankers of Nigeria (CIBN) for its tireless efforts in promoting ethics and professionalism in the industry.

The conference, which brought together stakeholders from the banking and finance sectors, government, and academia, focused on strategies for advancing the financial sector and driving national development.

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In his remarks, Alawuba urged participants to transform the insights and strategies shared during the conference into action, emphasizing the need for collective responsibility in driving progress.

Other dignitaries who attended the conference included the Vice President of Nigeria, Senator Kashim Shettima, GCON; President Joseph Nyuma Boakai of Liberia; President Felix Tshisekedi of the Democratic Republic of Congo; and the Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso.

READ ALSO: CIBN to Nigerians: Nigerian banking system is stable

 

The conference was also attended by esteemed members of the Senate, Governors, and leaders in the banking and finance sectors.

In the same vein, Alawuba quoted Nelson Mandela, saying, “Vision without action is just a dream. Action without vision just passes the time. But vision with action can change the world.”

He urged participants to leave the conference determined to execute and commit to building a financial sector that powers the economy, lifts people, and transforms the world.

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