Insurance Policy Best Option for Pension Plan – AIICO

The Central Bank of Nigeria (CBN) has said it is focusing on diversifying the Nigerian economy to curb the problems created by fluctuating oil prices globally.
CBN Governor, Mr. Godwin Emefiele, who told Asaba during the opening of a two-day CBN fair for Delta stakeholders, said the bank has a mandate to develop the economy in a sustainable way.
Emefiele, who was represented by CBN’s Director of Corporate Communications, Mr. Osita Nwanisoba, said CBN’s various intervention programs focus on diversifying the oil economy.
“What the CBN does is diversify the economic base of this country. We say there’s so much and so much we can do
“We have agriculture, we have manufactured. So why can’t we take care of these things so that we can produce what we eat and eat what we produce?
“These are sectors that will grow the economy, create jobs, ensure that there are exports so that we can moderate our exchange rate and earn even more foreign exchange.”
He said the fair aimed to sensitize citizens on CBN interventions for them, especially graduates, to leverage to become entrepreneurs.
Earlier in his welcome address, CBN Branch Comptroller, Asaba, Mr. Godwin Okafor listed some of the interventions like financing and real sector interventions, payment systems initiatives, consumer protection, clean naira note policy, financial inclusion, consumer rights, TIES, 100 percent among others.
Delta State Commissioner for Agriculture, Mr. Julius Egbedi, who also spoke at the ceremony, praised the support of CBN through its various programs in the state, adding that farmers of the Delta have benefited immensely from the CBN programs, especially the anchor borrower program.
Egbedi, who was represented by the Ministry’s Permanent Secretary, Mr. Ben Agamah, called for continued partnership to create more jobs for the people of Delta State.