The CIBN donates a conference room to the Fed. Poli Nekede


The Chartered Institute of Bankers of Nigeria (CIBN) has donated a multi-million naira lecture hall to the Nekede Federal Polytechnic, Owerri to promote the study of banking and finance.

The Nigerian News Agency reports that construction of the 160-seat conference hall known as CIBN Bankers Hall with free Wi-Fi facility commenced on November 16, 2022.

Inaugurating the project on Thursday, CIBN Council Dr. Bayo Olugbemi said the legacy project will serve as an important tool to provide high quality education to future bankers.

Olugbemi said the project is being implemented in six tertiary institutions across the country to complement the government’s efforts to provide quality education.

“This project represents our modest contribution to the development of banking and financial education in Nigeria.

“The hall will also be used to host regular in-town and dress-up engagements to expose students and the wider university community to contemporary and emerging issues in the banking world,” he said.

Olugbemi urged businesses and well-meaning Nigerians to partner with the government to rebuild and modernize the education system.

He also urged the federal government and the University Academic Staff Union (ASUU) to amicably resolve issues related to the prolonged strike for the benefit of youth and the education sector.

In his address, the Minister of State for Education, Mr. Chukwuemeka Nwajiuba said that the legacy project will help improve the education sector in the institution.

Nwajiuba, who was represented by the Deputy Director of the Ministry (Accounts), Mr. Ayanwole Omolosho, urged CIBN to continue its efforts in promoting the education sector.

Also speaking, Governor Hope Uzodimma commended the CIBN for demonstrating integrity, ethics, trust and honesty, which she said were essential for economic growth.

Uzodimma, who was represented by his deputy, Professor Placid Njoku, urged students to partner in business development rather than waiting for white-collar jobs that do not exist.

Earlier, the Rector of the Federal Polytechnic in Nekede, Dr. Michael Arimanwa commended the institute for showing its commitment to the project and for promoting banking and finance education in the country.

Arimanwa said the relationship between the institution and the institute dates back to 2015 when a memorandum of understanding was signed for the liaison program.

“Since then, we have continuously encouraged our students to take advantage of this opportunity to become chartered bankers,” he said.

Arimanwa said the institution is committed to the advancement of knowledge, especially in the field of technology.

“We recently signed a memorandum of understanding with Innoson Vehicle Manufacturing Company following the successful production of a material suitable for manufacturing vehicle bodies.

“We also signed a memorandum of understanding with a Ukrainian university for an exchange program,” he added.


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