The Central Bank of Nigeria, CBN, said it has so far reserved the sum of N2.02 trillion as intervention funds for operators in the various sectors of the Nigerian economy to access.
CBN Governor, Mr. Godwin Emefiele, represented by the bank’s Acting Director, Development Finance, Dr. Olaitan Adeola, disclosed this at a stakeholders’ forum titled: “Accelerating Enterprise competitiveness and growth in Nigeria: Building capacity for sustainable development’ in Lagos.
The forum was organised by African Management Services Company, AMSCO. He said that from the past administration to date, policy instruments such as schemes, guarantees, rebates, establishment of development finance institutions, DFIs, and capacity building have been used to intervene in the nation’s economy.
