CBN Governor, Godwin Emefiele
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele says if border closure is sustained for the next two years, issue of insurgency, banditry and kidnapping will be totally eradicated.
Emefiele stated this at the first Convocation Lecture of Edo University, Iyamho, Auchi on Friday.
The governor, while responding to questions after his lecture titled “The Role of Monetary Policy towards Economic Growth in Nigeria,” said the border closure was capable of tackling all security challenges currently being experienced in the country.
He explained that if the youth who were in these vices were gainfully engaged in meaningful activities, the insecurity would reduce to the barest minimum.
“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.

“CBN will promote this policy by making sure that we produce what we consume and eat what we produce,” he said.
He vowed that the apex bank would not allow the country to be used as a dumping ground for smuggling goods.
Emefiele however, decried the actions of some neighbouring countries which he said was not helping matters.
The governor explained that instead of some neighbouring countries to develop policies to grow their own economies rather they engaged in things that undermined the Nigerian economy.
He said when Nigeria as a country increased import duty on rice to discourage importation, those neighbouring countries reduced their own duties to get rice importation to be smuggled to the country.
“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 said.
Emefiele challenged youth and old to go into agriculture because it was one of the major ways to grow the economy.https://www.vanguardngr.com/2019/11/border-closure-if-maintained-for-2-yrs-security-challenges-will-be-eradicated-%e2%80%95-emefiele/?
Mynd44 oam4j lalasticlala

From CBN Gov to Chief of Def. Staff. Weldone General Emefiele
People only complain about rice but nobody talks about reduction in boko Haram attacks and bandits attacks since borders were closed

What of prostitution?

The governor explained that instead of some neighbouring countries to develop policies to grow their own economies rather they engaged in things that undermined the Nigerian economy.
He said when Nigeria as a country increased import duty on rice to discourage importation, those neighbouring countries reduced their own duties to get rice importation to be smuggled to the country.

Now Benin has increased its duty on rice to earn appropriate tax because the dumping ground has closed its door..

To the Ghanians crying more than the bereaved on Nairaland.. I honestly believe we need each other, but at the rate you propagate your not needing Nigeria, your president really does not need to send money to truckers at the border while your ministers are pleading with the Nigerian FG.

Yahoo yahoo kwa... Drunk talk or

[s]

helinues:
Yahoo yahoo kwa... Drunk talk or

[/s]
onye yahoo spotted
na them

Same Enefiele who was releasing our money to the drunk and Dasuki without due process is now managing our treasury with prudence and rolling out good policies to grow Nigeria.

Indeed, if the head is rotten (GEJ), the whole body is rotten and useless.
Same situation with our EFCC which was in comatose under the ineffectual buffoon but is now unarguably the best performing agency in this administration.

Argue with the wisest person in your family if you disagree with me.

ManirBK:

People only complain about rice but nobody talks about reduction in boko Haram attacks and bandits attacks since borders were closed

Lol people really believe this nonsense. There no evidence showing this to be true. The border closure does little to stop boko harams activities. It's funny people like him never bother to quantify these claims.

chart 1: civilian deaths
Chart 2: number of boko haram incidents 

Source: https://www.cfr.org/nigeria/nigeria-security-tracker/p29483

Border closure is going to do a lot of heavy lifting in Nigeria - would it cure cancer too?

In a year's time and the country as poor as before, they will find another ruse to focus on.

Introvertedmarc:


Now Benin has increased its duty on rice to earn appropriate tax because the dumping ground has closed its door..

To the Ghanians crying more than the bereaved on Nairaland.. I honestly believe we need each other, but at the rate you propagate your not needing Nigeria, your president really does not need to send money to truckers at the border while your ministers are pleading with the Nigerian FG.

pls can u share a link to the news?