Nigeria to Host African Central Bank

Nigeria has expressed readiness to host the African Central Bank in line with the vision of the Abuja Treaty.

President Bola Tinubu made this known on Saturday while addressing leaders at the 37th Ordinary Session of the Assembly of Heads of State and Government of the African Union AU in Addis Ababa, Ethiopia.

President Tinubu said his administration will engage with the African Union Commission in collaboration with member states to ensure that the bank takes off as scheduled in 2028.

The President affirmed that Africa’s success in addressing its challenges hinges on the firmness of its resolution, built on a foundation of deep-rooted solidarity, if it is to avoid perpetuating existing problems and creating new ones.

On education, which is the theme of this year’s summit, President Tinubu said education is the core ingredient in the process of evolving creative solutions to the unique challenges long confronting the continent.