Mr Muda Yusuf, the Director-General of Lagos Chamber of Commerce and Industry (LCCI), has recognized the Federal Government for authorizing the Development Bank of Nigeria (DBN).
Yusuf told the News Agency of Nigeria (NAN) on Friday in Lagos that the bank
would have positive effect on the economy.
He said that the DBN would supplement different DFIs, for example, Bank of Industry and Nigerian Export and Import Bank (NEXIM), among others.
The LCCI manager, notwithstanding, tasked its administration to deal with the bank well so that its targets would be accomplished.
“It is a decent advancement and more is always better. The thought is to benefit the Micro, Small and Medium Enterprises (MSMEs).
“Since it has been made and authorized, we trust that it is effectively overseen so it can supplement the other advancement budgetary establishment,” he said.
Mr Wale Adegbite, the…
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