Nigeria’s security Problems will Cease to Exist if the Land Borders are Closed for Two Years – Emefiele
Governor of Central Bank, Godwin Emefiele has put it that if Nigeria’s borders remain closed for two years then its problems are bound to seize. Emefiele spoke on Friday at the first convocation lecture of Edo University, Iyamho, Auchi, where he delivered a lecture on “The role of Monetary policy towards economic growth in Nigeria”.
He added that the apex bank would promote policies that would encourage local production and consumption. “I can tell you that if our borders remain closed for two years, the issue of Boko Haram, kidnapping, banditry and Yahoo-Yahoo will stop,” Emefiele said.
“CBN will promote this policy by making sure that we produce what we consume and eat what we produce. We no longer want what they are importing to our country because we can produce them and CBN will do everything possible to promote domestic products.” he added.
