He also said that CBN will also revalidate its 59.7 per cent majority shareholding in the Exchange, to enable it to implement far reaching measures, including the reconstitution of its board and committees.
Emefiele disclosed this at an inaugural meeting of the Steering Committee for the repositioning of the NCX.
He said, “This meeting is aimed at putting in place the enabling structure and framework that would lead to the repositioning of the NCX into a commercially viable platform in Nigeria, for delivering efficient pricing of Nigeria’s Agricultural produce.
“The key objective is to brief stakeholders on Mr President’s recent approval of a proposal to reposition the NCX and discuss the modalities for repositioning the institution,’’ he said.
Emefiele however, reiterated that the federal government, through the CBN, had implemented several intervention schemes in the agriculture and manufacturing sectors.
Speaking further, the CBN boss noted that the schemes are aimed at boosting employment generation and wealth creation, reducing dependence on imported food items, conserving foreign exchange earnings and spurring economic growth.
According to him, “These interventions in the agricultural sector, particularly the Anchor Borrowers’ Programme and commodity development Initiative sought to strengthen key agricultural commodities’ value chains.
