26
MONDAY OCTOBFR 29.101. • THI$DAY
BUSINESSWORLD
NEWS
NAPEP: POVerty Rate to Reduce By 15% in 2015
""" .......
~ ~
...... •
REWARD FOR EXCEllENCE
l·R: Founder/Managing DirKtOf. Sec:ut~IO limited. {most outstanding busir1@SslnAfricailWardwtMef)MrsKofoAkmkugbe;He.d.Bus'nnsSupport. Sec:urelO limited. ~oIa Otusanya;and Fouod«/CEO. SKurko Security Servkes. Divine Ndhlukula, at the 2012 Afric.., AWMds 104' Entri!pfeneUfshlp In Accra, Ghana.JecenUy
Credit to Private Sector Rises to N14.928tn 11.. ,pt"' Obl nnaChl~
nomIC
&nkm,; 1iKt0f credJl 10 1M
rr,\'A~
Mdt>f
I~
margarwh to Nl4928lnlhlJf1 m~, «mf"/lred Wlth the Nt .. ~ tnlhon I'KOI'lkd
August TI-fISDAY chtd.s showftI .t ~ wt'l'kmd Thr cmtr.Il br«"SI'UnlmK lmhcal(lf .Iso showed thai Itroad ml'tnI!'V (M21. wtnch gftlf'rAliv .. maM up 01 dfo. ~ ~ ... commrma.l banks lind momes heW In In
HSl ly K(1!!8,bw K'COtInls. ~Rd 10 NI. 041 trillton IJ1 Srplem~. from NI3.7~
tnllion II WM as ., Augusl
THE
lwI~·.
f'l"Jn1
lau-,t M'Ofor AuftUS' Nd
~ona pM
of baob' k-l
I IIl"'MII't', we know lhal
d~ ttlkd ~Nig~n
f'~po!luTf' 10 Iht><;co ~f'V IK10rl i'l not umform ~
tt-
books. ~ finn
shown thai banlu~ system I credIt to thr 1"""* 8l'dor n
In I rq'('M"1 banJc!;: t.o.n Bools undet" tht
ma'8"ully bv 0.1 f'" em! monlh-on-month ~qs. III NI4 M-4 InlllOn. rom~rN with 0fIl" pn ernt Fl.'('(III'ded .t die fttd ('I{ the prK@(hnR month o;..mlluly. ba.nkmg 'ysl~. c1.Itt\S on 1M rort' pm·.t!' ~or "-_ by 0,1 ~ ern! 10 NI" ~ Inllinn.
5pothghl,- nYde
comP-rN
\\illh the ,;rowth f'f 1.0 p" eml II lhe md of thI! prt'C'f'dmg month A recm! ~ by ~&
C.ptuIIRmOtp. Iwt shown Itvl ~It 101M od .nd g.ilS KrtOl" tllll fonns I 1OlInn'
TIiISDA"IAcroromg
10
I\'II~
to
RtnCap.
-w"ml.b.lb~'" pnmarUv lriate III up5t~ nposuno. Wf' bof't~'f' I~ mu5t bt ~1CII1I ~ II) downstn!am martcro~ wrttun lhe ~, S'''en 1M qR' of the ('IiI .nd gat lr~USI~ It al!tO ~eakd Uu.1 other 'Il'Ctor5 thai have rontmutd to atlnld banbng ~ Imdmg Incl~ thf' tdKommun.alION; manufKtunn~ .nd 8~1 (t'Imrnertt
,11 mnr Nnk,s undtT our !IOnW' t..nks deitrlv "pKlaltsmg In Of¥' "l'Ctor re"'"\'f' to oiNT'< In our opuunn. irt\-eston §hould bf' C01t'I'ITII'd whm • ~ 'I alfllfhdtm II) fWYI ~ IC>lns INPlJI) fat oulwf'lgh-!; Il" Wf'lghl In 1M Io.1n bcxok But tht ~ ",.. tum statat th.ll b.nks. balana' ~ covenV', with
~lWf'd
huk
n'
t>~nk
t...,~
, M.-,"uhrtu~ •• ~""" thf' ""ell publ ...__ t t>c!l11rtwo..~~ In N~~"t'Ia,Io,"""",,", mo1>'ot hln~!I, tl'll!li "il"'C1('or ~ frnm nl1W' tol In
(1# modi'
mr
rn ('C'nl ~ ltv bill, \("I aNlUl 20-2" pn «'tIl .1 Itwo uM'"" f'fl<i Irien>mmunKa!""" ,nd ml(>nl\,ll ...." Il"Chnr"'-":\
II,.. abo ~lri1nIlU1tti>o.~
ur
~1('In" i~'n'UIlI1!1'; ft.r It. IOj p" ernl ('I( I.... t><.,i.;,
for
~
Nnl..
romTnf'TCf'. lO.'hlCh nnrfT\alh
fmannnjot. I~ al ....... flr;".rK;onl Jrnrr Itt O't'dcl nlil'nwlt\. r;u~ tn.,.. !\ltV"", to 2" f'"' emt t>f IhI' ",fen
tp t~('
boI;.k
It
add",
~~KmESS
World Bank: African Farmers Can End Food Insecurity
................ ....... w-
Crusoe Osaa'-
---.....-.. <-1-......"""" ........... --~c...
""'~Jatwo!wori
""..
C~Owp
i
.....
_c.....-
Rftwn .......... ~
---_~~
A MW VWx-Id BMk nopon tv. Mal~ Itvt Afoo"' firmer.!
can potenb.llly grow ~ food to ~ the mntuv!nl ..t avert futu~ food ~, If UJUn~ ~ CK.,.oouiet
,.,........ """',..".,,.,,
.....
~~
""th too bilk' 10
The nrw "'JX"I1 '"L1[FN"tOO that tht ~" k-*" com _
I'
~
d~'MtnJ("
tnO'I\b~ In
Ind.. and .. ~ ..", "" k. l11!' \\tdi E\-ri. ""J"C~ ~
W(>I1lI"11.«'llkI~""'-""
U1 ~.m
tradr many .. III tnt1bm ~ 1i\-T\8 wlIh the tfU&III cl ~ ..t ma1nutnbm rt \o\fooott ............
~
..... -..... It.
~ "" fa,,",,"~"""'" rt IhI'.........-t..f T~ ,artt-k an' lin CO>mml" a~ Af11(;\ an.1 thr
~",,,...,-nvd,,,"h.--m-e
the a...-1tJntnI.t\ twng ~ ad IAnofIl (n.-n a "".... 19'...... """"""",y k ...-o.at alon c:IIlIIW "....... ,u
rl Akbn r.e.Jtn c.t 'Wt.'r ., dSMntie tJU barnm tNtl tb1t ~ regimiIII d)'mn~ The "'JU1 ~ "*-"d lrI thr ~ 0( an AinaJn Urvon IAU) !IWl\ffit1 In Add.
~~UI'('1"';II!nj-.t ~-..-kb 1\'fmWt. rr..rt.m ,-IIh ...
intrr- ~ tndC', AfriaI''1
"'lthmlM-~Wlfl. Acmrd~ to Ihf' ~ ~.~ II.. a:cltIru1t ~ aloto ~Iif' .n "trill SXt bdbm .-t }'l'lIrf) ~
"""'*"'" -~ .I\hth1 Wtlt! _ E~A0a6~""" lwdaEnP~1
..,'
hon_ and (Q1vnunt~ ...-t.:h
~Mthrfood~
r...
l~ .. 1
~bl.ul('f'
to tM n-al «ntlOfl\y. potl1lt"d oul INt a~rK'Ultu'" fnnn~ an Insl~mrK'aol f'o'rt of 1M loan \Jotlk. I.. lllCalUnl'l lilt" ~ onr...d fivf' per «'Ill
rt.:'l"'1re!'..rn . . dJstrbrom. whiJto r!d~ f'O"'ftT), .-d
cuttJng bad m ~vt' food mpms. AInca''1 pnxtuctM-n of ~ ro...u I1J ~ at IIwt S3J blt1.oo a war I\~)rf'(l\-'f'\'"
thl' _
"-1'1111
.wl"'I
tNt ~ In \"-"": Afnr.a parttculat wluld halvr thm tr.noport o.-.ot\. "",t1un 10,-
,..." ""'"... pobo< ........ thal"'f'Um'lt "'""" cnmf'""ltJo., ~ • ., Otht'l'~ltllt"'-"\t.:,
Wlth," tht
In ml !It.l~ Inrludt""f"-.1.-t.~ t..--...
Afnon tnrJoo
\.,...,.... n"f" '11 ..... ..nJ ,"'" '"" """'tri(:tJ\~ ru~ C-ll,"""ll .....1
,- '"""'"
o:~({'n"It I!<mc-du Afncm
,...-rultn)',
thitt lrIlv
(I\'\"
moldrm
in
pt'fn'nI (1# all emU tmf"nN~' AInc;.n rtll4e
In
("(U11..- wru'f' hug.' trlIds If
l"flm,k'"'"I ......11itdr I'IHo. thro.r f'lIlk11"< ~~ d..., F"--..-iyalmtTW..........IIIlP"'"'
fmiko Iand . .unund 4mnun.m
_I nfflCUk