Thread by @scarfizal

In the the past 72 months @cenbank working closely with the fiscal authorities, has intervened in some critical sectors of the Nigerian economy.
#CBNInterventions

Due to the challenge of recession and stagflation, @cenbank came up with new strategies in order for the country’s economy to stay firm.
#CBNInterventions

The @cenbank Governor , Godwin Emefiele has insisted that his desire is to lead a Central Bank that spends its energies on building a resilient financial system that can serve the growth and development needs of Nigeria.
#CBNInterventions

Hence the focus of his policies have been geared towards developmental financing, the most prominent being the Anchor Borrowers’ Programme (ABP), which triggered the rice revolution, and lately the Creative Industry Financing Initiative (CIFI).
#CBNInterventions

With the extremely fluid state of the global economy which has pulled central banks out of their comfort zones, and they have been responding accordingly.
#CBNInterventions

In addition to its core monetary functions @cenbank has performed some major developmental functions, by intervening in all the key sectors of the Nigerian economy namely: financial, agricultural and industrial sectors. #CBNInterventions

@cenbank has continued to drive, with even greater vigor, the implementation of its development finance initiatives through which jobs for millions of Nigerian youth have been generated.
#CBNInterventions

@cenbank has been acting as a financial catalyst by targeting predetermined sectors of the economy particularly agriculture, in a bold effort to create jobs on a mass scale, improve local food production, and conserve scarce foreign reserves.
#CBNInterventions

@cenbank in the past six years, has continued to invigorate its development finance activities and has maintained a particular focus on supporting farmers, entrepreneurs as well as small and medium scale businesses, through various intervention programmes.
#CBNInterventions

Some of these initiatives, which cut across five focal areas – agriculture, industry, services, health and multi-sectoral interventions - include:
1. Agricultural Credit Guarantee Scheme Fund (ACGSF)
2. MSME Development Fund (MSMEDF)
#CBNInterventions

3. Commercial Agriculture Credit Scheme (CACS)
4. Anchor Borrowers’ Programme (ABP)
5. Paddy Aggregation Scheme (PAS)
6. Maize Aggregation Scheme (MAS)
7. Accelerated Agricultural Development Scheme (AADS)
8. Maize Aggregation Scheme (MAS)
#CBNInterventions

9. National Food Security Programme (NFSP)
10. Presidential Fertilizer Initiative (PFI)
11. Textile Sector Intervention Fund (TSIF)
12. Power and Airline Intervention Fund (PAIF)
13. Nigeria Electricity Market Stabilization Facility (NEEMSF)
#CBNInterventions

14. Youth Entrepreneurship Development Programme (YEDP)
15. Shared Agents Network Expansion Facility (SANEF)
16. Targeted Credit facility (TCF)
17. Nigeria Bulk Electricity Trading Payment Assurance Facility (NBET-PAF)
#CBNInterventions

18. Creative Industry Financing Initiative (CIFI)
19. Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL)
20. National Collateral Registry (NCR)
21. Export Stimulation Facility (NESF)
#CBNInterventions

22. N100 Billion Health Care Facility
23. N1 Trillion Real Sector Fund
#CBNInterventions

The Anchor Borrowers’ Programme (ABP) launched by President @MBuhari on November 17, 2015, remains one of the outstanding interventions initiated by @cenbank under the tenure of Godwin Emefiele.
#CBNInterventions

This Programme was established to create a linkage between anchor companies involved in the processing of agricultural produce and small holder farmers (SHFs) of the required key agricultural commodities.
#CBNInterventions

Efforts at supporting small scale farmers and SMEs was based on awareness of the critical role they can play in supporting our economic recovery and growth, as well as in creating job opportunities for millions of Nigerians #CBNInterventions

The CBN recognizes that the greatest challenge confronting MSME’s and local farmers is access to credit, and that to unlock the growth potential in our country; these groups must access funding seamlessly.
#CBNInterventions