CBN Gov Unveils Economic Blueprint, Plans To Recapitalise Banks

CBN Governor Godwin-Emefiele

CBN Gov Unveils Economic Blueprint, Plans To Recapitalise Banks

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has revealed his economic agenda for the Nigeria.

He promised to recapitalise banks within the next five years so that they can contribute to economic growth.

He disclosed this during a media briefing on Monday at the apex bank headquarters in Abuja.

Emefiele said during his tenure as CBN governor, he would pursue an economic agenda that would make the economy grow by double digits through targeted programmes that would boost output.

The governor said he would work with Deposit Money Banks in the next five years to boost credit to the real sector as well as the creative and education sector.

He also revealed his plans to help farmers in order to bring down the rate of inflation.

Details later.

OAKTV

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