NDIC assures Bank Customers safety of deposit

From: Femi Oyelola, Kaduna

The Nigeria Deposit Insurance Corporation (NDIC) has assured Nigerians that their hard earned money in the custody of banks licensed by the Central Bank of Nigeria (CBN) is safe.

The Managing Director of the Corporation, Dr. Bello Hassan asserted this during the NDIC special day at the ongoing 44 Kaduna International Trade Fair.

He advised against panic over money swap, saying that the NDIC has activated its crisis action management plan to prevent any negative impact on its operations and banks under its supervision.

The Executive Vice Chairman and Chief Executive of the National Agency for Science and Engineering Infrastructure (NASENI), Prof. Mohammad Sani Haruna said the agency is training Nigerian youths in cutting edge technologies to prepare them for the fourth industrial revolution.

He said since the world is shifting to automation remote sensing, remote control and wireless operation, Nigerians cannot be left behind.

He said Nigerian professionals and artisans need regular update of skills to remain relevant, get employment, remain employed or even create jobs for others.

Haruna made the submissions at the opening of NASENI Skill Acquisition Training and Youth Empowerment for 100 candidates in Ilaro, Ogun State.

The EVC, who was represented by NASENI’s Coordinating Director, Finance and Account, Alh. Ibrahim Baba Dauda said Ogun State was chosen because by its location, it is the industrial corridor for innovations.

He said the state also shares borders with Lagos which is the West Africa’s most populous productive and manufacturing centre.

But he said the world was fast changing and Nigerian youths ought to be part of the fast pace.

He said: “Development in cutting edge technologies or frontier technologies are the innovations that are shaping the fourth industrial revolution. They are no doubt disrupting many things and introducing constant changes and standards.

“These technologies include Artificial Intelligence (AI); Robotics; the Internet of Things (IoT); Big Data; Block Chain; Additive Manufacturing (3D Printing); Autonomous Vehicles; Unmanned Aerial Vehicles, Gene Editing; 5G Network; and even Smart Grid and agitations for wireless electricity. Every aspect of human endeavour,