CBN Governor Unveils Agenda For Economy, To Recapitalise Banks

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The Governor of the Central Bank of Nigeria, CBN, Mr Godwin Emefiele, on Monday unveiled his economic blueprint for the country, promising to recapitalise banks within the next five years to make them contribute significantly to economic growth.

Emefiele disclosed this during a media briefing held at the apex bank headquarters in Abuja.

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The CBN Governor noted the he would pursue an economic agenda that would make the economy grow by double digits through targeted programmes that would boost output.

Adding that he would work with Deposit Money Banks in the next five years to boost credit to the real sector as well as the creative and education sector.

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Also, the CBN Governor said that the apex bank will over the next five years increase its support to farmers in order to bring down the rate of inflation, adding that he would work with Deposit Money Banks to boost credit to the real and education sector.

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