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CBN promises to increase its support for youth empowerment

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Godwin Emefiele, the Governor of the Central Bank of Nigeria (CBN), has committed additional assistance for youth empowerment through sports and other CBN intervention programs.

Emefiele made this pledge, according to CBN spokeswoman Osita Nwanisobi, at the finals of the All Financial Institutions Football Competition (AFIFC) held on Sunday at the U. J. Esuene Stadium in Calabar.

The Governor, who was represented by CBN Samuel Okogbure, Deputy Director, Corporate Communications Department, encouraged young people to make use of all the bank’s opportunities, including in sports.

He also urged Nigerian youths to participate in the apex bank’s financial programs, which are linked to a variety of activities aimed at promoting long-term development.

” Let me assure you that the management of the CBN remains committed to the sponsorship of this tournament.

“Let me also use the opportunity of this tournament to urge our teeming youths to embrace various intervention programmes of the bank to better their lots, and contribute to the development of the nation.

“I encourage you to access our various interventions in the agricultural sector, as well as the creative industry’s financial initiative (CIFI) both with high and low-interest finance in fashion, music and technology.

” I wish to thank the Cross River State government for hosting the finals in this beautiful sporting arena. Let me also thank our long-standing partner, the Nigeria Football Federation, for organizing this tournament,” he said.

In the cause of the game, the Security and Exchange Commission (SEC) won the 24-team football game after defeating the CBN Strikers 4-1 in a penalty shootout.

After a 2-0 victory over Bubayero FC for third place, Federal Inland Revenue Service (FIRS) took bronze.

The winners of the 34th annual competition took home N2 million naira, while the runners-up took home N1.5 million naira.

The second and fourth-placed teams also received N1 million naira and N500,000 naira, respectively, for their efforts.

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