Stakeholders have called on the Central Bank of Nigeria (CBN) to sustain the improved economic policies which led to rising investment opportunities and agricultural development in the country.
They said the SME’s schemes of the apex bank are a welcome development as citizens are benefiting instead of dependence on white collar jobs.
The Coalition of Civil Society in a communique signed Wednesday, by the president, Bassey Etuk Williams, chairman, Dr. Ibrahim Ahmed and secretary, Bar. Yemi Akanji communique drafting committee respectively stated this at the 5th All Nigeria Civil Society Economic conference.
According to the communiqué, recent initiatives of CBN are not only restricted to financial and monetary policy but also targeted at enhancing economic growth via diversification of economy for growth.
“This was done with expected roles of Civil Society Groups in advocating the policies as a means of allowing Nigerians to know about the initiatives and buy into it for expected deliverables of the initiators.
“Highlights of the various reform policies aimed at addressing the current economic challenges such as the anchor borrowers programme that provides credit facilities at single digits’ interest rate to farmers, credit schemes, accessing foreign exchange and stability of exchange rates, exclusion of about 41 items from foreign exchange and recent suspension of forex on food import were deliberated upon to encourage investors,” it said.
The conference also applauded Mr. President for the re-appointment of the CBN Governor which they believe was as a result of his noticeable and responsive agenda to ensuring economic growth.
The conference therefore urged the CBN continue to sustain the recent reform policies initiated at ensuring that Nigeria diversify its economy and also encourage foreign investors.
“That the federal government through CBN should deepen and support the new economic reform policies aimed at economic growth and diversification,” it stated.
