CIBN, LBS Move To Stop Professionals Moving Abroad To Study

By Sandra Ukele

The Chartered Institute of Bankers of Nigeria, CIBN, and the Lagos Business School have collaborated to stem the tide of highly skilled Nigerians moving abroad to study.

The aim of the partnership is to introduce executive courses to enhance the capabilities and effectiveness of professionals, especially in the banking industry.

The executive program offers participants dual certification in Master of Business Administration/ Associateship of the Chartered Institute of Bankers Nigeria and Senior Management Program / Associateship of the Chartered Institute of Bankers Nigeria, ACIB.

Speaking during the signing of the agreement on Friday, the 2nd Vice President CIBN Dele Alabi said what young Nigerians are searching for abroad is now right at their doorsteps.

He said the exodus of Nigerians abroad is an embarrassment that must be stopped at all costs, adding that the partnership between the CIBN and LBS is targeted at equipping Nigerians with the requisite skills to enhance their career and become more effective in their workplace.

Alabi said, “Eighty percent of Nigerians travel to countries such as the U.K and Canada for higher studies. We believe that with this program they don’t need to travel out of the country; they don’t need to leave the country to achieve the same objective.

“The program will significantly reduce the level of attrition we have seen; the level of movement of young Nigerians across Europe and Americas. This is because whatever they are seeking to achieve there they can have in the local environment with this program.

“So the partnership between the CIBN and the LBS will give Nigerians the advantage to go to LBS and obtain MBA get Senior Management Program and get the qualifications.”

The CIBN had organized a similar program with the Bangore University U.K, but decided to bring the program home to benefit more Nigerians, the Institute said.

Accordingly, the MBA Program is expected to equip participants with a detailed understanding of how to do business in complex and dynamic markets, while the SMP is a dynamic program where business professionals share ideas on the economy, business trends, and best practices.