Low public awareness on CBN interventions worrisome- Emefiele

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The Governor of the Central Bank (CBN), Mr. Godwin Emefiele has expressed worry over the low public awareness on their intervention initiatives.

According to him, many people were not benefiting from these programmes because they were not aware or misinformed about them.

He made the lamentation at the CBN 2-day fair in Sokoto which was simultaneously conducted on virtual platform in Kebbi state on Thirsday with a theme: “ Promoting Financial Stability and Economic Development”.

Represented by the acting Director , Communications , Mr Osita Nwanisobi, the Governor explained that, the essence of the fair was to further sensitize customers and the Nigeria public on how to access its various intervention and support programmes with a view to promoting and expanding financial stability and economic development which defines the theme of the fair.

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“ We want Nigerians to take charge of the window of opportunities available to them through our intervention activities. Let them know how to access and benefit from the programmes which are meant for them”, he said.

He noted that, their operational policies were stepped up to enable the people access their intervention at ease.

He noted that small and medium scale farmers had been the focus of the apex bank especially with reference to the Anchor borrowers scheme.

Earlier, the  Sokoto branch Controller, Yusuf Wali Baba stated that, the fair would further deepen credit delivery policies to real sectors driving the economy to create employment, reduce poverty and create wealth for general economic stability.

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“ We have made significant impact through anchor borrowers programme, credit guarantee scheme and other agriculture related intervention initiatives”, he enumerated.

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