Why Nigeria has not Developed -CBN
The Central Bank of Nigeria, CBN, has said high level corruption, inadequate infrastructure and rising unemployment, among others, in the country have been the bane of development. The CBN also stated that in spite of the impressive macro-economic performance, it has failed to translate to development. People waving at Gov.Isa Yuguda of Bauch State during official launch of 83km Alkaleri-Futuk road in Alkaleri Lga of Bauchi State recently. People waving at Gov.Isa Yuguda of Bauch State during official launch of 83km Alkaleri-Futuk road in Alkaleri Lga of Bauchi State recently. The Deputy‑ Governor (Operation), Mr. Tunde Lemo stated this in his speech presented, weekend, at Egba Economic Summit in Abeokuta, the OgunState capital. According to Lemo, the CBN had intervened in the challenges by providing N300 billion power and airline intervention fund and another N200 billion commercial agriculture credit scheme with a view to boosting the economy...