Ncp Meets, May Merge Boa With Nirsal

10 Days(s) Ago    👁 39
ncp meets may merge boa with nirsal

The National Council on Privatisation (NCP) has received key recommendations from its committee on the Bank of Agriculture (BOA), including a proposed merger with the Central Bank of Nigerias NIRSAL Microfinance Ltd and a fresh capital injection to revitalise the bank.

Addressing the second NCP meeting of 2024 at the Presidential Villa on Wednesday, the Vice President, Kashim Shettima, reiterated President Bola Tinubu's commitment to repositioning and reforming BOA to drive the administration's food security agenda.

"Let's get very sound professionals with integrity to manage the bank. If we use it well, it's going to be a tool for the transformation of our economy because agriculture is the key," the vice president said.