By Babajide Komolafe
Vice President Yemi Osinbajo has charged the Nigeria Deposit Insurance Corporation (NDIC) to team up with other stakeholders to address the problem of non-performing loans in the banking industry.
Osinbajo gave this charge during a courtesy call by the board and management of the corporation, stressing that government was not ready to repeat the mistakes of the past.
Meanwhile the Chairperson of NDIC Board, Mrs. Ronke Sokefun has pleaded with the VP to assist in speedy passage of the corporation’s Amendment Bill pending before the Senate.
A statement by the Head, Communications and Public Affairs Department, Mohammed Kudu Ibrahim, said the Vice President assured the new board being led by Mrs. Ronke Sokefun of support while he commended the corporation for prioritizing the interests of Nigerian depositors in its choice of the Bridge Bank option for the resolution of many banks in liquidation.
The statement said: “The Vice President…
