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Vice-president Osinbajo Confident In New NDIC Board - Politics - Nairaland

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Vice-president Osinbajo Confident In New NDIC Board by 4Ebiscoo: 8:12am On Apr 10, 2019
Vice President Yemi Osinbajo has expressed confidence in the ability of the new Board and Management of the Nigeria Deposit Insurance Corporation (NDIC).

Concise News gathered that the new team is being led by Mrs Ronke Sokefun.

Osinbajo was quoted in a statement signed by the Head, Communication and Public Affairs of the Corporation, Mr Mohammed Ibrahim, on Tuesday in Abuja.

According to the statement, the vice-president made the comment when members of the Board and Management of the Corporation visited him in Abuja.

He described the board chairman as an experienced lawyer and NDIC’s Managing Director, Umaru Ibrahim as an experienced technocrat that would steer the corporation in the right direction.

He, however, said a lot still needed to be done in the area of sanitising the banking system.

He stressed the need for fresh ideas that would produce a more resilient structure involving the NDIC and other relevant stakeholders to addressing the issue of non-performing loans in the industry.

He also warned that the Federal Government was not prepared to repeat the mistakes of the past in the sector.

On financial inclusion, the vice president said the government was desirous for millions of poor Nigerians to be empowered through the extension of credit.

He called for concerted efforts of the relevant institutions including the Central Bank of Nigeria (CBN) and the NDIC to come up with a framework that would facilitate the funding of Federal Government social intervention programmes.

He listed some of the programmes to include the N-Power, Trader-Money, and Market-Money, which according to him would alleviate the suffering of millions of Nigerians.

In the same vein, the Chairman of the Board thanked the Vice President for his warm reception.

Sokefun recalled that the NDIC as a critical player in the Nigerian financial safety-net, had achieved remarkable success in the execution of its primary mandates of effective supervision of the insured banks.

She said the corporation had also ensured timely payments of insured deposits and the implementation of a robust and efficient failure resolution regime.

https://www.concisenews.global/2019/04/10/vice-president-osinbajo-confident-in-new-ndic-board/amp/

1 Like

Re: Vice-president Osinbajo Confident In New NDIC Board by nazicartel(m): 8:13am On Apr 10, 2019
wanna know them...
Re: Vice-president Osinbajo Confident In New NDIC Board by Heyzee5: 8:40am On Apr 10, 2019
Great vision but implementation is key!
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Re: Vice-president Osinbajo Confident In New NDIC Board by chinavs9ja(m): 8:40am On Apr 10, 2019
Ride on

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Re: Vice-president Osinbajo Confident In New NDIC Board by Angelb4: 8:40am On Apr 10, 2019
.
Re: Vice-president Osinbajo Confident In New NDIC Board by poisehunter: 8:40am On Apr 10, 2019
nazicartel:
wanna know them...

same here

1 Like

Re: Vice-president Osinbajo Confident In New NDIC Board by dokyOloye: 8:41am On Apr 10, 2019
The Yorubas are very comfortable sharing all d significant appointments b/w them and d Muslim North to the exclusion of the South South and south east.
Tomorrow when these group will react ,you start hearing stuff like "full of hate,bitter " bla bla bla.
I thank God my people are programmed never to depend on govt,human being or even God almighty for anything.

1 Like

Re: Vice-president Osinbajo Confident In New NDIC Board by sirpekun: 8:42am On Apr 10, 2019
Osinbajo Calls on CBN, NDIC to Take Over N-Power, Tradermoni, Others

Osinbajo wants CBN, NDIC to take over NPOWER, Trader Moni and other FG’s SIPs.

– NDIC says it has achieved remarkable success in the execution of its primary mandates of effective supervision of the insured banks.

The Vice President, Professor Yemi Osinbajo has called on Central Bank of Nigeria (CBN) and Nigeria Deposit Insurance Corporation (NDIC) to take over funding and management of Federal Government’s Social Investment Schemes (SIPs) which includes NPower, Trader Moni, Market Moni and the likes.

Osinabjo who noted that contending that present structure of microfinance institutions have failed stated this while receiving board and management members of NDIC in his office.

According to the vice president, it was desirous for millions of poor Nigerians to be empowered through the extension of credit.

Read more https://idonsabi.com/osinbajo-calls-on-cbn-ndic-to-take-over-n-power-tradermoni-others/




4Ebiscoo:
Vice President Yemi Osinbajo has expressed confidence in the ability of the new Board and Management of the Nigeria Deposit Insurance Corporation (NDIC).

Concise News gathered that the new team is being led by Mrs Ronke Sokefun.

Osinbajo was quoted in a statement signed by the Head, Communication and Public Affairs of the Corporation, Mr Mohammed Ibrahim, on Tuesday in Abuja.

According to the statement, the vice-president made the comment when members of the Board and Management of the Corporation visited him in Abuja.

He described the board chairman as an experienced lawyer and NDIC’s Managing Director, Umaru Ibrahim as an experienced technocrat that would steer the corporation in the right direction.

He, however, said a lot still needed to be done in the area of sanitising the banking system.

He stressed the need for fresh ideas that would produce a more resilient structure involving the NDIC and other relevant stakeholders to addressing the issue of non-performing loans in the industry.

He also warned that the Federal Government was not prepared to repeat the mistakes of the past in the sector.

On financial inclusion, the vice president said the government was desirous for millions of poor Nigerians to be empowered through the extension of credit.

He called for concerted efforts of the relevant institutions including the Central Bank of Nigeria (CBN) and the NDIC to come up with a framework that would facilitate the funding of Federal Government social intervention programmes.

He listed some of the programmes to include the N-Power, Trader-Money, and Market-Money, which according to him would alleviate the suffering of millions of Nigerians.

In the same vein, the Chairman of the Board thanked the Vice President for his warm reception.

Sokefun recalled that the NDIC as a critical player in the Nigerian financial safety-net, had achieved remarkable success in the execution of its primary mandates of effective supervision of the insured banks.

She said the corporation had also ensured timely payments of insured deposits and the implementation of a robust and efficient failure resolution regime.

https://www.concisenews.global/2019/04/10/vice-president-osinbajo-confident-in-new-ndic-board/amp/
Re: Vice-president Osinbajo Confident In New NDIC Board by ShitHead(m): 8:43am On Apr 10, 2019
What is NDIC?

A new political party?
Re: Vice-president Osinbajo Confident In New NDIC Board by Dannyset(m): 8:45am On Apr 10, 2019
God bless you My Vice-President.

You know I love you!

3 Likes 1 Share

Re: Vice-president Osinbajo Confident In New NDIC Board by ebuclassic18(m): 8:48am On Apr 10, 2019
Jus to waste another 4years, no ideology in this govt,my question is what was your plan before u came into power can i see the achievement,this shld be period of results not more fake ideas
Re: Vice-president Osinbajo Confident In New NDIC Board by iammo(m): 8:54am On Apr 10, 2019
smiley

Intelligence and class is silent and confident, however Lack of Class and tacts is lousy, envious and chestbeating.


.
Re: Vice-president Osinbajo Confident In New NDIC Board by tunjilana: 8:54am On Apr 10, 2019
dokyOloye:
The Yorubas are very comfortable sharing all d significant appointments b/w them and d Muslim North to the exclusion of the South South and south east.
Tomorrow when these group will react ,you start hearing stuff like "full of hate,bitter " bla bla bla.
I thank God my people are programmed never to depend on govt,human being or even God almighty for anything.

It is not about tribe but political alignment. Same happened during Jonathan's era and nobody cried, they simply re aligned and took over the center. S/S and S/E should do same too

1 Like

Re: Vice-president Osinbajo Confident In New NDIC Board by Honor10: 8:55am On Apr 10, 2019
Starboy! Nigeria president come 2023. God bless u sir.

3 Likes 1 Share

Re: Vice-president Osinbajo Confident In New NDIC Board by dokyOloye: 8:59am On Apr 10, 2019
tunjilana:


It is not about tribe but political alignment. Same happened during Jonathan's era and nobody cried, they simply re aligned and took over the center. S/S and S/E should do same too
Political alignment jettisoning constitutional federal character?
Nothing happened during GEJ' s tenure except you mean anytime the situation is not as it is presently, it turns to marginalization.GEJ was fair to everybody ,remmember GEJ projected Mulikat Adeola Akande for house of reps speaker but Tinubu directed ACN reps reps to vote Tambuwal.
Re: Vice-president Osinbajo Confident In New NDIC Board by RichBoy247: 9:07am On Apr 10, 2019
dokyOloye:
The Yorubas are very comfortable sharing all d significant appointments b/w them and d Muslim North to the exclusion of the South South and south east.
Tomorrow when these group will react ,you start hearing stuff like "full of hate,bitter " bla bla bla.
I thank God my people are programmed never to depend on govt,human being or even God almighty for anything.

React nah! We want to see your reaction. Isi Ewu. Politics is investment, you invest your votes and reap infrastructure and appointment. Katsina State that gave Buhari 97% of its votes cannot get same appointment as Anambra State that gave Buhari only 3% votes. South-West that gave Buhari 65% of its votes is getting proportional infrastructure and appointment. South-East should go and meet Atikuchukwu the Cameroonian bisexual and Obituary the Chinese/ Anambra Osu slave for appointment.

3 Likes 1 Share

Re: Vice-president Osinbajo Confident In New NDIC Board by Dino98: 9:09am On Apr 10, 2019
dokyOloye:
The Yorubas are very comfortable sharing all d significant appointments b/w them and d Muslim North to the exclusion of the South South and south east.
Tomorrow when these group will react ,you start hearing stuff like "full of hate,bitter " bla bla bla.
I thank God my people are programmed never to depend on govt,human being or even God almighty for anything.

I was even about to say something similar...

Do we have any Government organization that a Northerner is not the head or is not part of the Executives??

Finally sha, these our northern brothers na them get the country. They are the head of almost everything. If they are not the head they are right there in the top 3 of that organization. The rest of the country, we are just escorts.
Re: Vice-president Osinbajo Confident In New NDIC Board by UNGOBACK: 9:12am On Apr 10, 2019
We give fast loan kindly check my signature
Re: Vice-president Osinbajo Confident In New NDIC Board by Bet9ja880988: 9:23am On Apr 10, 2019
[color=#770077][/color]See below

Re: Vice-president Osinbajo Confident In New NDIC Board by Tonymegabush1(m): 9:44am On Apr 10, 2019
Pls how long does it take NDIC to issue a deed of release for defunct bank with mortgaged property?
Re: Vice-president Osinbajo Confident In New NDIC Board by porka: 10:31am On Apr 10, 2019
The CBN and NDIC are not development banks. How are they supposed to fun socialist programmes?
What happened to the loan they said they want to source from the World Bank for these socialist programmes?
Re: Vice-president Osinbajo Confident In New NDIC Board by balonaija(f): 10:40am On Apr 10, 2019
that is how it goes......
Re: Vice-president Osinbajo Confident In New NDIC Board by balonaija(f): 11:37am On Apr 10, 2019
I don't believe this.
Re: Vice-president Osinbajo Confident In New NDIC Board by safepaulooo(m): 1:13pm On Apr 10, 2019
Mobile cooling

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