President Obasanjo Commends CBN for Taking Services Closer To The People

October 17th, 2006

Posted by admin in Bank of Nigeria News |

Mr. President Laying the foundation stoneThe President, Chief Olusegun Obasanjo has commended the Governor, Board and Management of the Central Bank of Nigeria (CBN), for taking the services of Central Banking closer to economic agents in all parts of the Federation. President Obasanjo stated this over the weekend while performing the foundation laying ceremony of the CBN branch building at Awka, Anambra State. He further expressed joy that with the establishment of Awka Branch of CBN, services such as Agricultural Credit Guarantee Scheme (ACGS) and Microfinance services will be of immense benefits to a mercantile State like Anambra with high concentration of small and medium enterprises. This development, according to President Obasanjo would go along way to provide employment and promote economic growth, thereby reducing poverty among the citizens.

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