FG Saves ₦1.3tr From CBN’s Intervention Programmes
December 3, 2019
2:22 pm
The Deputy Governor, Corporate Services of the Central Bank of Nigeria, Edward Lamatek Adamu has revealed that the plethora of economic interventions of the apex bank have saved the federal government about ₦1.3 trillion via import bills.
He said the savings came from improving domestic supply of four commodities (rice, fish, sugar, and wheat), which hitherto consumed about N1.3 trillion annually.
Adamu made the disclosure at the opening ceremony of the 28th Seminar for Finance Correspondents and Business Editors holding in Owerri, the Imo State capital.
He said: “We have also improved access to markets for farmers by facilitating greater …
