Emefiele reportedly said this as a guest speakers in Edo State on Friday, November 1, 2019, at the 1st convocation lecture of Edo University.
Speaking on the topic, “The role of monetary policy: towards economic growth in Nigeria.”
The CBN governor said the government has recorded successes since it decided to partially close the land borders in August.
He added that with the successes, many youths, who have taken to crime would have no option but to embrace agriculture.
He said, “I can tell you that, if Nigeria decides to close the borders for two years, the incident of ‘yahoo yahoo’ boys, kidnapping for ransom, armed banditry, and robbery will reduce to the barest minimum.
“These guys will have no option but to go into agriculture.”
Emefiele said that some neighbouring countries were undermining Nigeria’s economy by opening their countries for others to dump their goods into Nigeria, adding that Nigeria economy needed to be put in place to guarantee real growth.
From Pulse NG
Speaking on the topic, “The role of monetary policy: towards economic growth in Nigeria.”
The CBN governor said the government has recorded successes since it decided to partially close the land borders in August.
He added that with the successes, many youths, who have taken to crime would have no option but to embrace agriculture.
He said, “I can tell you that, if Nigeria decides to close the borders for two years, the incident of ‘yahoo yahoo’ boys, kidnapping for ransom, armed banditry, and robbery will reduce to the barest minimum.
“These guys will have no option but to go into agriculture.”
Emefiele said that some neighbouring countries were undermining Nigeria’s economy by opening their countries for others to dump their goods into Nigeria, adding that Nigeria economy needed to be put in place to guarantee real growth.
From Pulse NG
So is Agriculture the only hope for Nigeria to surivive?If you force everyone into Agriculture,there would be problem of owning lands to cultivate the crops.
What about Nigerian customs that is at seme border?I hear cars are also shipped in through there,what will happen to all the cars and goods stuck there?
The govt should have given people a time limit to sort out their businesses.they should open the Border at once so that people can tie up all loose ends,otherwise this is wickedness!!!
No Mazi Emefififie
ReplyDeleteIf National "axembly" is closed for 1 year, nobody paid jumbo and nobody loots tanks of Ghana must go, Nigeria will heal completely!
You catch? 😜😜
Did the CBN governor say criminals will have no choice than to go into Agriculture? I can't laff hard enough... If not anything, it will increase crime rates as most ppl will find alternative sources of livelihood. Dumb govt.
ReplyDeleteThis one too sounds like he too has an empty brain.
ReplyDeleteTufia
I thought I was the only person who noticed. What a shame!
Delete