President Muhammadu Buhari has hailed Nigerian banks for the way they have spread their tentacles across Africa.
PMB also urged state governments to make the process of land ownership easier so the citizens can have access to banks for cheaper homes.
Buhari disclosed this as he received the Governing Council of the Chartered Institute of Bankers of Nigeria (CIBN) led by the chairman, Dr. Uche Olowu, at the State House, Abuja.
He also revealed his concern over issues like land and other collateral related problems, stopping the banking industry from lending to the real sector.
His words, “As a government, we are also facing such challenges as part of our various affordable housing programmes,”
“We can only feed ourselves by deploying capital to the right areas. I implore the banking community to keep this trend up.”
“Nigerian bankers have not only proved themselves in Nigeria alone but across the entire continent and in other parts of the world.
“I am proud when I visit African countries and see posters or branches of Nigerian banks. I will ask all your members to continue to be great ambassadors of Nigeria as you expand within Africa and beyond.”
Do you feel proud too?
Muhammadu Buhari GCFR (born 17 December 1942) is a Nigerian politician currently serving as the President of Nigeria, in office since 2015. He is a retired major general in the Nigerian Army and previously served as the nation’s head of state from 31 December 1983 to 27 August 1985, after taking power in a military coup d’état. The term Buharism is ascribed to the Buhari military government.
He unsuccessfully ran for the office of president of Nigeria in the 2003, 2007, and 2011 general elections. In December 2014, he emerged as the presidential candidate of the All Progressives Congress for the March 2015 general elections. Buhari won the election, defeating the incumbent President Goodluck Jonathan. This marked the first time in the history of Nigeria that an incumbent president lost to an opposition candidate in a general election. He was sworn in on 29 May 2015. In February 2019, Buhari was re-elected President, defeating his closest rival Atiku Abubakar by over 3 million votes.
Buhari has stated that he takes responsibility for anything over which he presided during his military rule, and that he cannot change the past. He has described himself as a “converted democrat”.
Muhammadu Buhari was born to a Fulani family on 17 December 1942, in Daura, Katsina State, to his father Hardo Adamu, a Fulani chief, and mother Zulaihat. He is the twenty-third child of his father. Buhari was raised by his mother, after his father died when he was about four years old.