He made the revelation while delivering the first Distinguished Leadership Programme Lecture of the School of Economics, University of Ibadan.
With the improvement, Emefiele disclosed that the current foreign reserve is able to finance a nine-month import bill. One major idea, he said, was the development finance intervention which is the increase of lending to the agriculture and industrial sectors through targeted interventions schemes such as the Anchor Borrowers Programme, Commercial Agricultural Credit Scheme and the Rural Sector Support Facility.
The CBN governor further explained that the bank did not hand over cash to beneficiaries. Rather, they were given improved seedlings, herbicides, and so on, to prevent diversion of funds.He further revealed that a sum of N30 billion has been set aside to support the creative industry in Nigeria. He said: “In the view of some critics, for instance, our FX policies constitute exchange restrictions, rationing of FX, discretionary allocation based on priority categories, and multiple currency practice.
Part of your job role is to be insulted.
Emefiele is unconventional like Rochas Okorocha
Reprint the tatterred small denominations bank notes to forestall spread of all bacteria pls
The Nigeria economy has defiled all known modern methods to grow hence, the CBN Governor had to resort to voodoo, unorthodox and unconventional methods. Black man way na wao! A bad President begets a bad CBN Governor.
You unconventional methods where in signings cheques for GEJ Dasuki Diezani and Ngozi. Enjoy your new term you are no Sanusi Lamido
Lol DoubleEph
Trader money or the one borrowed from China used for APC campaign?
Your method is archaic. It’s not working
Which unconventional method & economy does these ideas improved? The only unconventional method you used successfully, improved the bank account of these cabals who put in a word or two in favour of your re-appointment. Let's not forget your conversion to Islam to keep your job.
Is it that the Government don't use your unconventional method, or your method turns out to be bad and distrust?
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