Korede Abdullah in Lagos
The Central Bank of Nigeria (CBN) has reiterated its dedication to nurturing the next generation of leaders in the financial and social sciences sectors.
Mr. Cardoso stated this recently during a strategic engagement with the President and Chairman of the Governing Council of the Nigerian Economic Society (NES), Professor Adeola Adenikinju, who led a team of NES officials and the Nigerian Economics Students Association (NESA), at the CBN Head Office in Abuja.
Cardoso stressed the importance of collective effort in youth development, highlighting the need for special consideration in creating opportunities and providing tools for young people to thrive globally.
He considered the meeting a demand-driven conversation that sets the stage for a robust pipeline of talents to drive Nigeria’s Financial System Strategy.
Presentations by NES and NESA members showcased research topics, recommendations, and ongoing activities that could aid the CBN in achieving its mandate. Cardoso emphasized the need for mentorship collaboration to enable both associations to achieve their objectives.
Effective communication was also highlighted, with Cardoso noting the challenge of simplifying complex economic concepts. He emphasized the role of young economists in demystifying these concepts and providing a fresh perspective.
The CBN governor reaffirmed the bank’s readiness to collaborate with NES and NESA, encouraging significant female representation. Cardoso expressed optimism that this partnership would build a resilient and inclusive financial sector driven by talent, innovation, and diversity.
NES President Professor Adeola Adenikinju identified areas of concern, including mentorship programs, research support, internship opportunities, workshops, and leveraging social media for communication.
NESA National President Comrade Bakre Israel Boluwatife thanked Cardoso for the engagement opportunity and expressed enthusiasm for contributing to research on inflation and money supply.
This commitment to youth development aligns with the CBN’s broader goals, as Governor Cardoso has previously reaffirmed the bank’s commitment to economic stability despite challenging economic realities in the country.
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