Archive Recession is a Marathon That all Must Run –...

Recession is a Marathon That all Must Run – CBN tells Nigerians

-

- Advertisment -

The Central Bank of Nigeria, CBN, has stated that the economic recession currently facing the country is not a 100 metre race but a marathon, hence Nigerians should brace up to the challenge.

This was disclosed yesterday in Enugu by the acting Director of Corporate Communications of the apex bank, Mr. Isaac Okorafor, while speaking at the ongoing CBN Fair in Enugu.
He declared that Nigerians must do this by patronising made-in Nigeria goods, instead of spending hard currencies in importing items like toothpick from China or chickens from South Africa.
Okorafor, who blamed the elites for the problems, pointed out that “farmers eat what they produced”.
His words, “We should stop importing chicken when we have them here. Nigeria should brace up. This is not 100 metre marathon. Let us brace up and change our ways.
“The most hit now are people who have refused to realise that we ought to eat what we produce, like the elite. Farmers eat what they produce.”

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

CHRICED Flays Perceived Intimidation Against HEDA

The Resource Centre for Human Rights & Civic Education (CHRICED) strongly condemns the attempts by certain well-heeled individuals and...

IITA Partners IFAD-VCDP Towards Zero Hunger

International Institute of Tropical Agricultural (IITA), a non-profit institution that generates agricultural innovations to meet Africa’s most pressing challenges...

Nigeria and the Need to Urgently Develop its Universal Protection System

"The COVID-19 pandemic has exposed the inadequacies and weaknesses in our social protection system further widening the gap between...

Agribusiness Engagement key to Poverty Reduction among Youth

With the increasing rate of unemployment among youths in Nigeria, development stakeholders are of the opinion that agriculture can...

63% HIV Pregnant Women Do Not Access PMTCT Services -Expert Decries

By Ijeoma Ukazu | A medical expert, Dr. Ijaodola Olugbenga has decried that about 63 percent of HIV pregnant women...

UNDP To Hold Zonal Innovation Hub on Social Protection in Lagos

By Tejumade Sanusi | The United Nations Development Project, (UNDP) will be holding a two-day sensitization workshop for the establishment...

Must read

CHRICED Flays Perceived Intimidation Against HEDA

The Resource Centre for Human Rights & Civic Education...

IITA Partners IFAD-VCDP Towards Zero Hunger

International Institute of Tropical Agricultural (IITA), a non-profit institution...
- Advertisement -

You might also likeRELATED
Recommended to you

%d bloggers like this: