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Tuesday, 22 December 2015

CBN To Focus on Strategies to develop Nigeria's Small Businesses

the Governor of the Central Bank of Nigeria, Godwin Emefiele said it will focus on strategies to address current constraints to the growth of SMEs he said this At the opening ceremony of the  2015 retreat of the bankers community which took place at Eko Hotel and Suites in Victoria Island, Lagos Thursday, December 10, 2015. The retreat which is the 7th in its series has the theme: Creating an Enabling Environment for SME Growth'. 

Emefiele who is also the Chairman of the Bankers Community added that the retreat will focus on the key infrastructures needed for SME growth in the country such as the issue of power and transportation, he talked about the opportunities in sectors like Agriculture, manufacturing and solid minerals.

Dignitaries present at the opening ceremony are:
the executive Governor of Lagos State, Mr. Akinwunmi Ambode; the Minister of Finance, Mrs. Kemi Adeosun; and the Minister of Transportation, Hon. Chibuike Rotimi Amaechi. Also present were Deputy Governors and Directors of the Central Bank of Nigeria as well as Managing Directors and Chief Executive Officers of deposit money banks, among many others.

The following persons are expected to make presentations at the retreat: 
Minister of Power, Works and Housing, Mr. Babatunde Raji Fashola; the Minister of Agriculture, Chief Audu Ogbeh; and the Minister of Solid Minerals, Dr. Kayode Fayemi.

Personally I think it is a good thing at this time that the Nigerian bankers community is holding a retreat where issues that affect Nigeria's SME's will be among the subjects of discussions.