NDIC PRAISED FOR ITS ACHIEVMENTS.
Meanwhile,Minister of State for Youth Development, Mr. Ayodele Olawande, has praised the Nigeria Deposit Insurance Corporation (NDIC) for its significant achievements in safeguarding depositors from the adverse impacts of bank failures.
Olawande, gave the commendation during a courtesy visit to the Management of the Corporation in Abuja and commended NDIC for consistently supporting the Central Bank of Nigeria CBN in overseeing the banking sector and contributing to the stability of the nation’s financial system.
Managing Director Nigeria Deposit Insurance Corporation, Mr. Bello Hassan, represented by the Executive Director Operations Mr. Mustapha Ibrahim, commended the ministry for the initiative and highlighted NiYA’s potential to enhance capacity building and empower Nigerian youths, fostering business activities, entrepreneurship, and wealth creation.
As a result, the ministry has expressed willingness to collaborate with the Corporation to further deepen and expand public awareness on the mandate and activities of the NDIC especially among youth and unbanked populations in rural areas through the Ministry’s Nigerian Youth Academy NiYA initiative as a veritable tool for financial inclusion.
NiYA as a digital marketplace connecting Nigerian youth, both domestically and in the diaspora, to showcase their creativity, acquire relevant skills, and secure employment opportunities aligned with their life