Bankers C’ttee to create 100,000 jobs by Q1 2018

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By Babajide Komolafe

ABUJA—THE Bankers Committee, yesterday concluded its annual retreat on the economy, with a decision to create 100,000 jobs by the first quarter of 2018.

The job creation will be executed by lending 50 per cent of the Agriculture, Small and Medium Enterprises, AGSMES, fund to micro enterprises, artisans, at five per cent interest rate and for minimum of seven years.

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Meanwhile, the Central Bank of Nigeria, CBN, has said that it  will work with the Nigeria Communications Commission, NCC, to review the mobile money framework, so as to improve the level of financial inclusion in the country.

CBN Governor, Mr. Godwin Emefiele, disclosed this while addressing the press at the end of a retreat in Lagos.

He said banks had contributed N26 billion to set up the fund, and that this would increase to about N56 billion by the end of this year, but added that…



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