Abia governor, Alex Otti has approved land for the building of bankers training institute in the State.
Otti made the approval when he received in audience the Executives of the Chartered Institute of Bankers of Nigeria, CIBN who paid him a working visit, stating “The request for land to build the secretariat is in order and we are going to accede to the request and called on the CIBN to subscribe to the two State-of-the-Art New Smart Cities his administration is planning to build, one in Aba and the other in Umuahia.”
Addressing one of the concerns raised by the CIBN which has to do with the JAPA syndrome, Otti said it is something that requires leaders in the country to put on their thinking caps and develop programmes and policies that will throw up opportunities comparable to the ones that attract Nigerians to foreign lands.
According to him, JAPA syndrome is actually the reality that faces us. You cannot legislate it, you cannot do anything about it. Once your economy and your system don’t look conducive or don’t look attractive or if other economies are looking better than yours, you must have the right policies to attract young talented people, they will go there, no matter what you do.
“So, the only response you have is to create the enabling environment, create jobs for them and encourage them to stay back”.
“It’s a demand and supply situation. That demand and supply of very interesting concepts in economics have gone everywhere. If demand is higher than supply, prices will go up. If your prices go up, demand will go down. So that is how it is”.
“So it behooves on us who form the leadership cadre in the country to put on our thinking caps and come out with solutions to the JAPA syndrome”.
Earlier in their address to the Governor, the Public Relations Officer of CIBN, Mr. Kelechi Adiele said that they came to identify with one of their own and discuss various ways of deepening the relationship between the CIBN, the Bankers Committee and the State and commended Governor Otti for his visible and verifiable achievements within a short period in office which has enhanced the productivity and the economy of the State.
