President Tinubu: Nigeria ready to host the African Central Bank

President Bola Ahmed Tinubu told African leaders in. Addis-Ababa today that Nigeria is ready to host the African Central Bank, in line with the vision of the Abuja Treaty.

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

President Tinubu said this today in his address at the 37th Ordinary Session of the Assembly of Heads of State and Government of the African Union (AU) in Addis Ababa, Ethiopia.

He affirmed that Africa’s success in conclusively 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.

The Treaty Establishing the African Economic Community, otherwise known as Abuja Treaty, was adopted on 3 June I991 and entered into force on 12 May 1994.