CBN Governor calls for self-sufficiency, tells states, FCT to establish factories - Welcome to Uju Ayalogu's Blog

Breaking News

Post Top Ad

Tuesday, 18 February 2020

CBN Governor calls for self-sufficiency, tells states, FCT to establish factories

CBN Governor calls for self-sufficiency, tells states, FCT to establish factories

The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has called on State governments and the Federal Capital Territory (FCT) to be self-sustaining and economically viable.

Mr. Emefiele made the call in Abuja when he led a team from the CBN on a courtesy call on the Minister of the FCT, Alhaji Muhammad Musa Bello.

The CBN Governor said the team was at the Federal Capital Territory Administration (FCTA) to discuss initiatives that could boost job creation.

READ ALSO:    Gov. Wike commends Buhari govt, immigration on introduction of E-passport

Emefiele opined that the establishment of companies in the FCT would drive industrialization, stimulate local production as well as boost employment generation.

He further noted that the collaborative effort of the CBN and the private sector, particularly under the Anchor Borrowers’ Programme (ABP) and the Commercial Agricultural Credit Scheme (CACS), had started to yield significant results with deliberate measures by companies to embrace the backward integration measures and boost job creation and industrialization locally.

In his remarks, the Minister of the FCT, Alhaji Muhmmad Bello, commended the CBN Governor for his passion in revamping the Nigerian economy, noting that the intervention policies of the Bank under the Muhammadu Buhari administration has significantly improved.

READ ALSO:    Leah Sharibu: Muslims, Christians, we’re all sons of Abraham – Buhari tells Nigerians

Are you an artiste? Do you want your music to go viral and reach a large number of audience? Promote your music and Submit your story on Ujuayalogusblog.com by clicking here. For Advert Inquiries Tel/+44(0)7590363984

For More:   Subscribe to Ujuayalogusblog.com

Share This

No comments:

Post a comment

Post Bottom Ad

Pages