CBN’ll boost local production with agric initiatives, says Emefiele

The Governor, Central Bank of Nigeria, Mr Godwin Emefiele, has expressed satisfaction with what he described as the high interest of Nigerians in the agricultural sector, expressing the bank’s commitment to boosting local production.

According to a statement, Emefiele said this while addressing journalists during an inspection tour of a palm plantation at Odighi village in the Ovia North East Local Government Area of Edo State.

“We produce what we eat and eat what we produce by coming up with several initiatives aimed at repositioning the sector with a view to creating employment opportunities as well as growing the gross domestic product of the country,” he said.

He commended the Federal Government’s foresight to revamp the agricultural sector with the CBN playing a major role.