TUE, JUNE 25 2019-theG&BJournal-Prof. Uche Uwaleke, the Chairman of Abuja Chapter of Chartered Institute of Bankers of Nigeria (CIBN) and Professor of Finance and capital Markets in Nasarawa State University, Keffi said yesterday that the Central Bank of Nigeria (CBN) MSMEs funding policy is a good one and it is worthy of commendation.
Lending money to agriculture is enough to bring down inflation rate. If agriculture gets more money, food prices will come down, he said in response to the CBN’s five-year policy road map presented by the governor of the apex bank Godwin Emefiele.
Uwaleke noted that easy access to credit will also help to address problem of unemployment in the country. He also noted that two of the five visions of the governor focused on his plan to address the problem of access to finance by MSMEs.
Uwaleke lauded Emefiele for many of his policies which he said, had helped to stabilise the economy and for his determination and commitment to ensuring exchange rate stability over a long period of time.
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