Daily Trust

We achieved 31 reforms in 60 days –Osinbajo

- From Sunday Michael Ogwu, Lagos

The Vice President, Professor Yemi Osinbajo, has disclosed that the Federal Government achieved 31 reforms in the last 60 days on the ease of doing business mandate under the Presidenti­al Enabling Business Environmen­t Council (PEBEC).

Osinbajo made the disclosure at the ongoing 22nd edition of the biannual World Conference of Banking Institute (WCBI) hosted by the Chartered Institute of Bankers of Nigeria (CIBN) in Lagos yesterday.

The president approved the 60-day national action plan with the aim of aiding business in the country which lapsed last week.

Osinbajo, who was represente­d by Dr Adeyemi Depeolu, the Special Adviser to the President on Economic Matters, also disclosed that 200,000 youth have been engaged in the NPOWER initiative of the federal government.

He said: “We plan to restore growth in the economy and invest in our people while building a global competitiv­e economy. Our effort to restore growth bears much on the microecono­mic conditions accordingl­y. Fiscal, monetary and trade policies would be aligned to stimulate the economy and support growth while preventing overheatin­g.

Chairman of the council of CIBN, Prof Segun Ajibola, had disclosed that, for the first time the Global Banking Education Standards Board (GBEStB) will be launched during the conference.

The GBEStB is a global initiative created to re-profession­alise banking and rebuild public trust and confidence in the system while entrenchin­g global standards in banking education and developmen­t.

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