The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has urged Nigerians, particularly the youth, to remain in the country.
Speaking during his keynote address at the 59th Annual Bankers’ Dinner organized by the Chartered Institute of Bankers of Nigeria (CIBN) in Lagos, Cardoso emphasized the apex bank’s commitment to fostering an economy that enables individuals and businesses to thrive.
“It is not a good idea to japa at this stage. Two reasons. One, those who may decide they are going to do that, they will sell and get rid of their assets.
“You’ll be doing it for cheap. Predators, who are outside looking for bargains, will come and take it and pocket it, put it in their pocket and wait for the turnaround and sell it away.
“Number two, you want to be part of the solution. You want to be part of the solution, and this is time that we need all hands on them,” he said.
He noted that the market today is brimming with opportunities, emphasizing that recent experiences over the past year and the last six months demonstrate significant interest in Nigeria.
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Acknowledging the harsh effects of the reforms on Nigerians, the central bank governor explained that the reforms are designed to address current challenges while unlocking future opportunities, with the ultimate goal of fostering an inclusive and thriving economy.
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