The attention of Afenifere has been drawn “A Bill for an Act to establish the National Development Bank, 2015’, and sponsored by Senator Ibrahim Gobir which seeks to repeal the BoI, the Bank for Commerce and Industry Act and the National Economic Reconstruction Fund Act.
The bill further seeks to bring the total assets of the organisations under one body to be called the National Development Bank.This bill has passed the second reading in the Senate since October 12 and had been committed to the Senate Committee on banking, Insurance and other Financial Bodies for further works.
The bill further seeks to bring the total assets of the organisations under one body to be called the National Development Bank.This bill has passed the second reading in the Senate since October 12 and had been committed to the Senate Committee on banking, Insurance and other Financial Bodies for further works.