CBN Urges Fayemi To Make Agric More Attractive To Ekiti Youths

The Central Bank of Nigeria (CBN) has urged the Kayode Fayemi administration to make agriculture more attractive to the teaming unemployed youths in the state.

Governor Fayemi had secured World Bank’s support for Social Investments Ekiti Farms.

Mr. Ademola Atobatele, CBN’s Branch Controller, Ekiti State Office, gave the charge when he led a team to the office of Mr. Olarenwaju Ogunjobi, Director General, Bureau of Employment Labour and Productivity.

The CBN chief hinted that Ekiti was rated low in accessing CBN’s intervention programme, even as he blamed the immediate past administration of former Governor Ayo Fayose for the failure to access some facilities offered by the apex  bank.

He listed some of the bank’s facilities to include the Anchor Borrowers Programmes, Micro, Small and Medium Enterprises Development Fund, Youth Entrepreneurship Development Programme, Agribusiness/Small and Medium Enterprise Investment Scheme, among others.

Atobatele explained that other states in the South West geo-political zone and other parts of the country had been enjoying these facilities.

The CBN team however advised the state government to make concrete efforts to re-orientate the youths and encourage them to embrace agriculture and make agribusiness more attractive to the youths.

Ogunjobi, in his response, expressed the readiness of the state government to collaborate with the apex bank with to enhance the economy growth and development of the state through enterprise and employment generation, particularly for the youths.

Ogunjobi, who solicited the assistance of the apex bank in combating the rising youth unemployment in the state, specifically called for the support of the CBN in funding and facilitating enterprise development aimed at enhancing the state economy.

Source: Daily Independent