Showing posts with label CBN supports Smallholders Farmers. Show all posts
Showing posts with label CBN supports Smallholders Farmers. Show all posts

Monday, 15 December 2014

Farmers News - CBN Makes Case for Smallholders Farmers

The Central Bank of Nigeria (CBN) said it committed to enthroning inclusive growth in the nation’s economy through policies that would aid real sector financing.

The CBN Governor, Godwin Emefiele, who visited the PZ Wilmar Oil Palm Plantation in Calabar, Cross River State as part of his schedule for the 2014 Bankers Committee Retreat, extolled the effort of the joint venture project between PZ Industries and Wilmar Company Limited.

According to him, joint venture partnership is in tandem with the apex bank’s commitment towards achieving inclusive growth through real sector financing and development. 

He expressed delight at the vast expanse of land estimated at about 5594 hectres covered with palm trees. 

Emefiele informed the PZ Wilmar officials that CBN is initiating an entrepreneurship programme with the National Youth Service Corps (NYSC), whereby members will go through a skill acquisition programme, after which they will be provided requisite finance to nurture the project into viable and rewarding business enterprise.