May 26, 2022

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CBN To Partner Ayade On Agric Investments

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Governor of the Central Bank, Godwin Emefiele has given an indication that the apex bank will partner the Cross River State governor towards the success of the state government’s investments in agriculture and tourism.
This is coming just as the governor of Kebbi state, Alhaji Atiku Bagudu has hailed Ayade for his revolutionalising the agro industry. Emefiele and Bagudu were in Calabar last where they were taken round the industrial park in Calabar.
The CBN governor who also doubles as the vice chairman of the National Food Security Council, expressed his excitement at the several agro-allied industries at the Ayade industrial park.
“I am particularly excited because Cross River has a unique appeal to me as it is renowned for its agricultural endowment as well as its tourism opportunities and potentials in Nigeria.”
“I salute His Excellency, Prof Ben Ayade for creating the enabling environment for agriculture to thrive and sinking himself into the revolution and development of the economy of Cross River because he has worked so hard to make this visit a reality today.”
The CBN governor maintained that “the fact that agriculture is an important economic activity for majority of Cross River indigenes is exciting as it touches on the very core of the CBN agenda for development, finance as well as President Muhammadu Buhari’s agenda on food security where he said that we as a country must grow what we eat and eat what we grow.”
Emefiele said his presence in the state was a demonstration of CBN’s preparedness to partner not only with the state government but also the good people of Cross River who are desirous to embrace agriculture as a business.
According to him, “we have visited about five different projects within this park but I also recall that almost about two and a half years ago when we visited Cross River with Governor
Atiku Bagudu, we drove some kilometres out of Calabar and we saw tremendous development of rice plantations. I understand today that Governor Ayade is building the biggest rice mill in the southern part of Nigeria. I congratulate you, Governor Ayade on this brilliant initiative.”
The CBN governor admonished that “for us in Nigeria, rather than grief over the dwindling oil revenue, the present situation, though painful is an opportunity to look inward and trigger economic growth and development in Nigeria.”
While urging other state governments to emulate the Cross River example on agricultural revolution, Emefiele said: “You will agree with me that Cross River under the leadership and stewardship of Prof Ayade has done credibly well by creating employment for thousands of Cross River indigenes. It is my sincere hope that other state governments will take a cue and partner with CBN, learn from what we have seen today in Cross River, partner with us towards establishing the agricultural projects such as the ones we are seeing today, which will impact positively on the living standards of our people and Nigeria economy in general.”
On his part, Bagudu described the agro-industrial projects of the state as capable of exporting agricultural items that will not only create employment but boost the economy of Cross River and the nation at large.”

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