Emefiele central bank passionate about supporting small businesses
I think you meant to say "Godwin Emefiele, Central Bank Governor, passionate about supporting small businesses".
Godwin Emefiele is the current Governor of the Central Bank of Nigeria (CBN), and he has been a strong advocate for supporting small businesses in Nigeria. He has implemented several initiatives aimed at promoting entrepreneurship and economic growth in the country.
Some of the initiatives he has launched include:
- The Anchor Borrowers' Programme (ABP): This programme provides loans to small-scale farmers and agricultural businesses to improve their productivity and competitiveness.
- The Micro, Small and Medium Enterprises (MSMEs) Development Fund: This fund provides financial support to small businesses in various sectors, including agriculture, manufacturing, and services.
- The Youth Entrepreneurship Development Programme (YEDP): This programme provides training and funding to young entrepreneurs to start their own businesses.
- The CBN's Entrepreneurship Development Scheme (EDS): This scheme provides financial support to entrepreneurs who want to start or expand their businesses.
Emefiele has also been vocal about the need to create an enabling environment for small businesses to thrive, including reducing bureaucracy, improving access to finance, and promoting a culture of entrepreneurship.
Under his leadership, the CBN has also established several initiatives to support small businesses, including the CBN's Small and Medium Enterprises (SMEs) Department, which provides financial and non-financial support to SMEs.
Overall, Godwin Emefiele's passion for supporting small businesses is evident in the various initiatives he has launched and the efforts he has made to create an enabling environment for entrepreneurship to flourish in Nigeria.