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I hope to return Nigeria’s economy to where it was when I was still a boy – CBN Governor



Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has expressed determination to see that when he leaves office, Nigeria’s economy would have been restored back to where it was when he was a teenager.

Emefiele revealed this while speaking on an Arise TV programme on Tuesday Morning.

According to him, Nigeria has the resources to succeed, and restore the country to its former glory.

“If through our policies we can just return or move Nigeria close to what it was when I was growing up, then I can leave office look back and thank God that we left something for our children.

Nigeria is a great country, with resources enough to be self-sufficient and no need to rely heavily on oil to provide for the economy this is why we are focusing on diversifying the economy,” he said.

The CBN governor also spoke about some of the CBN’s attempts to ensure the country’s return to its former status of standing tall economically.

One of the policies Emefiele revealed is the “100 for 100 PPP – Policy on Production and Productivity” which he said will bring about economic growth, jobs creation, and social impact.

He explained; “The project is designed to help achieve President Muhammdu Buhari push to create 10 million jobs in 10 year as 80 per cent of jobs created by funded projects under the policy must be for Nigerians while 50 per cent of raw materials for the project must be sourced locally. ”

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