CBN approves N2bn for artisans in Imo

Written by on May 4, 2022

The Central Bank of Nigeria, CBN, has approved the sum of N2 billion to the Imo State government for the empowerment of artisans in the state.

The Commissioner for Labour and Productivity, Ford Ozumba, disclosed this to newsmen on Tuesday in Owerri, while announcing the Imo 2022 Entrepreneurial Product Expo in partnership with CBN.

He said the Imo State government approached the CBN and was considered qualified to get the approval for the CBN loan.

The Commissioner explained that; “The project was conceived to expose artisans of the state origin to trade, assist them to use their knowledge to migrate into the digital socio-formation, create structures and systems that would engage the youths into productive sectors as well as for them to train others to alleviate poverty and contribute in the efforts to improve the economy of the state.

The artisans have associations, The Imo state is said to have a project starting on the 10th of May 2022, a weekly event, the first Imo State innovation and entrepreneurial exhibition in Owerri.

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