win Emefiele, the Central Bank of Nigeria (CBN) is set to unveil
According to Godwin
Emefiele, the Central Bank of Nigeria (CBN) is set to unveil a programme that
will support young
thehappyworld.org graduates that operates micro, small and medium scale
enterprises (MSMEs) at highly concessionary interest rate in 2016.
The apex bank Governor
made this disclosure in a speech he presented during the opening ceremony of
the seventh annual B
thehelloamerica.com ankers’ Committee retreat titled: ‘Creating an Enabling
Environment for SMEs,’ on December 10, 2015 in Lagos.
While speaking further
about the programme, he said it would target one million young graduates that
are entrepreneurs.
thesecretoftime.net
The CBN Governor said the modality for the programme would
be unmasked in the next few weeks in a bid to tackle youth unemployment that
ravages the country.
The Governor explained
also that commercial banks would be needed to support this programme and any
bank that fails to support will have its cash with the CBN via Cash Reserve
Requirement released to Nigerian youths.
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