First, I will give an overview of the ECB’s basic conceptual framework that underlies our work on this matter. Second, I will explain why we are very deeply interested in making progress with European financial integration.
This, the Bank has been doing through ensuring the availability of long-term funds at an affordable interest rate to drive industrial activities and infrastructural developments in the country, having identified low industrial basis and huge infrastructural deficit as binding constraints on achieving Nigeria’s economic development objectives.