On Saturday, Nigerian President Bola Tinubu said that his country is ready to host the African Central Bank.
Tinubu said that “his administration will cooperate with the African Union Commission and the African Union member states to ensure that the African Central Bank launched in 2028."
The latest update on the African Central Bank was released in a statement entitled "President Tinubu to AU leaders: Nigeria ready to host African Central Bank; prepare the youth for the 21st-century economy."
During his remarks in front of the African leaders at the 37th Ordinary Session, he said: "As a continent and as individual nations, we face strong headwinds and difficult hurdles threatening to complicate our mission to bring qualitative democratic governance and economic development to our people.
“Many of these obstacles, such as climate change and unfair patterns of global trade, are largely not of our making.
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