The CEO of Cowry Asset Management Company limited, Mr. Johnson Chukwu and Head, Development Financing, Heritage Bank, Segun Akanji, have reiterated the need to develop and finance the economy.
While speaking as guests on Channels Television’s Business Morning, they commended the CBN Governor, Mr. Godwin Emefiele, on his strategy to stimulate growth in the economy through increased employment.
They believe the introduction of a broad spectrum of financing for various sectors such as agriculture, small and medium enterprises amongst others is critical to the growth of the economy.
However, they are of the opinion that targeting predetermined sectors can create jobs on a mass scale and significantly reduce Nigeria’s import bills.
They also urged him to come up with appropriate incentives to empower innovative entrepreneurs to drive growth and development.
