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 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 timesofamerica.info 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 entrepreneur tincona.com s. 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 commer tincona.com cial 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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