Nigeria’s president, Buhari, commissions another CBN branch

By Chioma Obinagwam

Nigeria’s president, Muhammadu Buhari, has inaugurated the recently completed branch of the country’s apex monetary authority, Central Bank of Nigeria (CBN) in Lafia, Nasarawa State, as part of his two-day visit to the State.

Confiance News gathered from its official Facebook page on Thursday.

Unveiling the plaque, to formally open the building on Thursday, February 24, 2022, President Buhari commended the Governor and Management of the Bank, for putting up a structure that will ensure a work environment conducive for staff to contribute their quota to the development to the economy.

Welcoming the President and his entourage that included the host Governor, Engineer Abdullahi Sule, and other Governors from neighbouring States, the CBN Governor, Mr. Godwin Emefiele, expressed appreciation to President Buhari for the support the CBN had enjoyed under his leadership.

Mr. Emefiele said the construction of the state-of-the-art Lafia Branch was in line with the Bank’s desire to take the services of the CBN closer to the grassroots, particularly as the Bank embarks on delivering on the President’s vision of delivering transformational agriculture in Nigeria and to Nigerians.

According to him, the Bank’s Development Finance office in Lafia will work on delivering the dividend of the Anchor Borrowers’ Programme (ABP) and other agricultural initiatives of the Bank, to farmers and other agricultural extension workers in the area.

Furthermore, he said the new complex, which would provide a befitting workplace for staff, was also a fulfilment of the Federal Government’s objective of having a branch of the Central Bank of Nigeria in every State of the Federation, for currency and business transactions by government agencies & corporate entities.

The complex, which was completed on August 13, 2021, comprises of the Main and Ancillary Buildings spread out with parking lots, fuel dump and security posts, water storage and treatment plants etc., positioned as appropriate & approved by the Nasarawa State Building Regulatory Authorities.