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Showing posts with label Anchor Borrowers’ Programme. Show all posts
Showing posts with label Anchor Borrowers’ Programme. Show all posts

Sunday, 24 April 2016

CBN Governor: Anchor Borrowers’ Programme, Forex Scarcity Bringing out the Best in Nigerians

Central Bank of Nigeria (CBN) Governor, Mr. Godwin Ifeanyi Emefiele has described the current scarcity of foreign exchange confronting the country as good riddance, saying local production of various essential goods are now being given top priority.

Emefiele said this during a tour of the farmlands cultivated under the Anchor Borrowers’ Programme in Kebbi State over the weekend. He stated that the commitment of stakeholders and the expected output from Kebbi State alone had proved critics of the central bank’s policy measures wrong.

In a statement from the CBN, Emefiele, who was full of praise for the farmers and the Kebbi State Government for their determination and commitment, said that with the level of success attained under the pilot project in the state, in addition to what he saw at the Sunti Golden Sugar Estate in Niger State recently, it was becoming more of a reality that the country can produce enough food to feed itself and even export in no distant future.