Crime Will Reduce Drastically If Nigerian Border Is Closed For 2 Yrs- CBN Gov., Godwin Emefiele

The Governor of Central Bank of Nigeria, Mr Godwin Emefiele has said that security challenges and cyber crimes in Nigeria would reduce if the Federal Government sustains border closure for two years.

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.

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Posted: at 2-11-2019 05:27 PM (4 years ago) | Addicted Hero

Evil country, a medical graduate, Engineering, business administration, will go into farming what a country....

Posted: at 2-11-2019 07:33 PM (4 years ago) | Upcoming

His has stole enough to carter for himself  and his generation so he careless about others

Posted: at 2-11-2019 10:33 PM (4 years ago) | Upcoming

Let the borders remain closed...if we can't produce what we eat, we should eat sand. Whoever wants to import anything should follow the normal channel and pay custom duties. Nigeria is like the only country I've seen with borders as porous as a basket! We can never develop as a nation if we continue to import virtually everything.

Posted: at 3-11-2019 12:27 PM (4 years ago) | Hero