Nigerians have been urged to take advantage of the various development initiatives of the Central Bank of Nigeria (CBN) in agriculture and small and medium enterprises to curb youth restiveness. Isaac Okorafor, head of the CBN fair and acting director, corporate communications department of the bank, said this on Tuesday, December 5, 2017, at the CBN sensitisation programme in Port-Harcourt, Rivers State.
Okorafor said the CBN fair is an interactive forum aimed at explaining policies, programmes and initiatives of the bank, as well as providing means of getting redress on issues in which the public felt short-changed in dealing with deposit money banks and the activities of the CBN. Okorafor, who was represented by Chukwudum Nzelu of the Development Finance Department, said Rivers State is the 34th State in which the CBN Fair will be taking place. Okorafor reaffirmed the CBN’s commitment to working to ensure economic stability and prosperity for Nigerians.
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The CBN Spokesman highlighted some of the development initiatives of the bank such as the Anchor Borrowers’ Programme (ABP), Accelerated Agriculture Development Scheme (AADS), Micro, Small & Medium Enterprises Development Fund (MSMED), Agricultural Credit Guarantee Scheme Fund (ACGSF), Commercial Agriculture Credit Scheme (CACS) and Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) and Youth Empowerment Development Programme (YEDP).
Presentations were made by Samuel Shaibu (Currency Operations Department), Jonathan Yusuf (Development Finance Department), Kenneth Orji (Banking Payments System Department) and Abubakar Albasu (Consumer Protection Department). The presentations centred on development initiatives, consumer protections and bank charges and ATM-related issues. Questions were asked by participants on various programmes and initiatives of the bank as presenters took their turn to provide answers on how they can key-in into the schemes.
Welcoming participants to the event, the acting Branch Controller, CBN Port-Harcourt, Emmanuel Etok asked them to pay attention to the presentations for them to be able to get the best of the event and harness the advantages of the CBN policies, programmes and initiatives.
HOPE MOSES-ASHIKE
