THE Vice President, Professor Yemi Osinbajo, GCON, declared in Ilorin recently that the Federal Government will float People’s Money Bank in the country this year. He added that when established, the bank will have branches in all the states of the federation for traders and artisans to have access to credit facilities.
General Babangida also appointed Mrs. Maria Shokenu from Irele family of Edo State but lived her entire life in Lagos as managing director of the Bank. Mrs. Shokenu had earlier worked in Owena Bank, New Nigerian Bank and Eco-Bank. She married Femi, a gentleman from Isale-Eko, who happens to be a devout Catholic.
The People’s Bank of Nigeria was among the agencies examined by the Alhaji Ahmed Joda’s committee. Other agencies examined by the committee included National Agency for the Resettlement of Pastoralists and Migrant Fishermen, NARPF, Small Industries Development Agency, SIDA, National Primary Health Care Development Agency, NPHDA, National Directorate of Employment, NDE, Nigerian Agricultural and Co-operative Bank Ltd.
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