Amidst scathing criticisms from a section of Northern elites over its recent decision to relocate some of its operation Departments to Lagos, the Central Bank of Nigeria, CBN, on Monday, January, 29 2024 upped its corporate social responsibilities ante in the North, with the commissioning by Vice President Kashim Shettima of a multi billion Naira CBN- powered twin structure project at the Bayero University kano.
The structure, Christened “Centre Of Excellence” is believed to have cost the apex bank 15 billion Naira.
The Vice President, represented by his Special Adviser,on Economic Matters , Dr Tope Fasua, appreciated the CBN for such a laudable and lofty interventionist measure, which he said potentially adds to the transformation of the country’s education sector.
He noted that the CBN-BUK Centre of Excellence, is conceived to host world class postgraduate schools primarily focused on business and financial management studies.
“What is more fitting than this being established in the great ancient and commercial city of Kano ,which has traditionally been known to be a centre of business,trade commerce, and finance over centuries .
“The structure looks well- appointed, and as long as finance remains relevant and critical to the development of nations, so long will these project be relevant.
I, also, understand the eagerness of the vice chancellor VC and the management of BUK to start using the facility” VP Shettima said
The Vice president expressed the hope that the Centre will serve to add value to the already established status of Kano as a commercial hub not just in Nigeria, but beyond.
“Iam optimistic that the research works that will take place here will expand the horizon of commercial activities, with Nigeria set to consolidate its position as a hub for value- addition, industrialization, and even the harnessing of new vista of artificial intelligence.” Shettima further stated
Earlier, in his welcome address, the VC of BUK, Professor Sagir Adamu Abbas, said the Centre was conceived in 2011,with the actual implemention beginning in 2012.
“The two structures were approved by the then CBN Governor. Malam Sanusi Lamido Sanusi. They were approved in the six geopolitical zones of the country.The two structures were completed in 2020 ,but because of the outbreak of Covid- 19 pandemic, and other factors ,the handing over could not take place until September, 2023.
“The two structures are very important to the University because an academic environment like ours is supposed to have something like this for the improvement of teaching and learning.
We are grateful to the CBN for this and other interventionist measures, Prof Abbas said.
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