According to Emefiele, the requests for the loan facility were carefully screened and scrutinised against a set-out selection criteria, which is categorised into: production efficiency and scalability; local content capacity; job creation and human capital development; operating sector relevance, and potential contribution to economic growth.The CBN governor also disclosed that in the agricultural sector, the bank’s Anchor Borrowers’ Programme had disbursed N927.94 billion to over 4.
“Our bulging youth population must be used to the advantage of the country. We have seen Boko Haram, IPOB and Oduduwa People’s Congress. They are a challenge today because they are not fully engaged,” he stated. “We know that if we don’t have a central bank that is playing centre forward and even goalkeeping today, this country will die,” Ngige said.
Source: News Formal (newsformal.com)
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