CBN

The Central Bank of Nigeria (CBN) has said it will continue to provide interventions for Agriculture and Industrial revival of Nigeria as the two sectors remain veritable tool for building a robust economy for the country.
CBN acting Director, Corporate Affairs Communications, Mr Nwanisobi Osita who disclosed this in Lokoja said the 5-year policy thrust of the apex bank which covered 2019-2024 initiated by the CBN Governor will grow the real economy for Nigeria.
He said that the policy which centred around establishing a firm and stable micro economic environment would pave the way for low inflation, financial stability, exchange rate stability and efficient payment system.
The acting Director who lamented that the country can not continue to import items and consumables she has the capacity to produce, said through Anchor Borrower financial intervention of the CBN, a minimum of ten commodities would be produce to make food readily available for Nigerians.
Speaking on the revival of the nation’s economy, he said the Apex bank is making concerted effort to see a double digit economic growth where the inflation rate would be single digit, adding that the bank would also look at issues of power, industries and the nation’s foreign reserve



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