x

CBN to Develop Economic  Viable Sectors in Nasarawa 

By Abel Leonard/ Lafia

The Central Bank of Nigeria, CBN says it will work with the Nasarawa state government towards developing economically viable sectors in the state.
Special Adviser to the CBN Governor on Development Finance, Mr. Anthony Ifechukwu stated this during a meeting with the state Deputy Governor, Dr. Emmanuel Akabe, who led a delegation to the apex bank to discuss on a range of areas of interest.
According to the Special Adviser to the CBN Governor on Development Finance, Mr. Anthony Ifechukwu, the apex bank is determined to spread development across states of the federation.
As such, he maintained that Nasarawa state is not an exception in the development plan of the financial regulator, stressing the bank’s desire to assist the state to create viable economic units for value creation.
Mr. Ifechukwu said “the CBN is ready to partner the state to work on a model that will fund agriculture, particularly irrigation farming, livestock and aquaculture, calling for effective management of the state’s security structure to secure investments”. He added.
The CBN Governor’s aid who urged the Nasarawa state government to present to the bank its concept notes on variables that would be developed into business lines also assured of working with the state Ministry of Environment and Solid Minerals on environmental waste management and mining.
He commended the Governor Abdullahi Sule administration for its commitment to improve the revenue base of the state and made a case for titles for all lands, where land rents should be collected by the government to boost revenue.
Earlier, the state Deputy Governor, Dr. Emmanuel Akabe informed his host that he was at the apex bank on the directive of Governor Abdullahi Sule to seek assistance to develop infrastructure in Nasarawa state, particularly roads that are economically viable, agriculture, water and health systems and for the CBN to leverage on the opportunities that abound in the mining and solid waste management sectors.
Dr. Akabe also sued for the bank’s  intervention in the proposed establishment of Commodities Market Board and minerals buying centres so as to reap the full benefits of the agricultural and solid minerals sectors, just as he assured of government’s commitment to creating enabling environment for investment to thrive.

Hot this week

Xi Proposes Global Governance Initiative at SCO Plus Meeting in Tianjin

President Xi Jinping on Monday unveiled a sweeping call...

We Are Facing Series of Challenges in the Institution — Prof. Bashir Garba

By Muhammad Ibrahim, Sokoto The Vice-Chancellor of Usman Danfodio University,...

Tinubu Declares 9th National Youth Games Open in Delta

By Anne Azuka The 9th National Youth Games kicked off...

Plateau ALGON tours 17 LGCs, pledges commitment to rural development

By Israel Adamu, Jos The Plateau State chapter of the...

Alleged Blasphemy: Woman Lynched, Burnt to Death in Niger Community

By Achadu Gabriel, Kaduna A restaurant operator identified as Amaye...

Gov Mutfwang Distributes Nutrient Supplements to Tackle Child Malnutrition in Plateau

By Israel Adamu, Jos The Plateau State Government, in collaboration...

We Are Facing Series of Challenges in the Institution — Prof. Bashir Garba

By Muhammad Ibrahim, Sokoto The Vice-Chancellor of Usman Danfodio University,...

KADSG Warns El-Rufai Against Alleged Plot to Destabilize Peace

By Achadu Gabriel, Kaduna The Kaduna State Government (KADSG) has...

Insecurity: Leave North-Central out of your propaganda, lies – APC Forum knocks El-Rufai

By Israel Adamu, Jos The North-Central All Progressives Congress (APC)...

UDUS Graduates Over 4,000 Students at 42nd Convocation

By Muhammad Ibrahim, Sokoto Usmanu Danfodiyo University, Sokoto (UDUS) has...

FG Tasks Agency Chiefs on 100% Performance in 2025

By Francis Wilfred The Minister of Interior, Dr. Olubunmi Tunji-Ojo,...

Alleged Blasphemy: Woman Lynched, Burnt to Death in Niger Community

By Achadu Gabriel, Kaduna A restaurant operator identified as Amaye...

9th NYG: Athletes Ready as Track Events Kick Off in Asaba

By Anne Azuka Athletics events at the ongoing 9th National...
spot_img

Related Articles

Popular Categories

spot_imgspot_img