Economy Health and Safety

CBN says its investment in Agric has reduced Poverty, unemployment

Experts lauds CBN’s proposed policy for loan defaulters to forfeit deposits in other banks
Written by Maritime First

…As Osinbajo assures more Nigerians to benefit from health Insurance scheme***

The Central Bank of Nigeria (CBN) at the weekend declared that its effort at reducing poverty and unemployment in the country through agricultural investment is already yielding desired result. It however failed to offer figures or statistics of success, thereby raising eyebrows on the veracity of its claim.

The Coordinator of CBN Fair, Mr Sam Okogbue who made the claim Lokoja, during a two-day workshop organised for business partners and bank customers, was speaking on the theme of the workshop which was “Financial Stability and Economic Development.”

Okogbue said that the CBN, under the leadership of Mr Godwin Emefiele, had introduced measures that will continue to add value to the nation’s s economy.
“CBN is now rebranded; under Godwin Emefiele, CBN has become one that works for all.

“CBN preaches local contents, customers-friendly and agricultural revitalisations as tools towards taking the country out of unemployment and poverty,” he explained, and called on the people to embrace the various CBN agricultural programmes such as the Anchor Borrower and APPEALS to reduce poverty and unemployment in the country.

Okogbue also urged Nigerians to take advantage of some programmes being offered by commercial banks to improve their lots. 

In another development, but still on welfare, the Vice President, Prof. Yemi Osinbajo, has announced Federal Government plan to expand the National Health Insurance Scheme (NHIS) to cater for the health of more Nigerians.

Osinbajo announced this Saturday, in Bauchi while inaugurating the Bauchi State Health Contributory Scheme, Bauchi State Trust Fund and agencies’ office.

“We will expand the NHIS during our next level to ensure that the scheme covers all Nigerians.

“The modern way of easy access to health facilities is either through contributory scheme or Trust Fund, which Bauchi State has introduced both the Contributory Scheme and went ahead and equally introduced a Trust Fund.

“Bauchi State has also diligently queued into all federal government social investment programmes,” Osinbajo said.

He said that all state governments should have their own health insurance scheme to complement federal government efforts at delivering qualitative, accessible and sustainable healthcare services.

Osinbajo noted that the Bauchi state has the highest beneficiaries of social investment programmes introduced by the federal government.

“The 14,075 youths in the state had benefited under N-Power programme while 618,214 students are being fed daily under the school feeding programme.

“No fewer than 9,799 farmers have accessed funds under the micro credit and 29,000 traders have been assisted under the trader-moni while 23,000 vulnerable ones have been assisted under the conditional cash transfer scheme.

“These are all under what the president’s ways of taking care of the common man,” the vice president asserted.

Gov. Muhammed Abubakar of the state had earlier said that the scheme was introduced to enable people of the state have access to quality health services.

Abubakar said that the scheme would assist both the poor and rich have same qualitative health services. 

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Maritime First