Cut down on foreign products ------- Emefiele warns




The Governor of Central bank has urged Nigerians to reduce usage of foreign goods.He went further to advice Nigeria to purchase local goods and become become self-sufficient.

Emefiele made the call at the 9th annual banking and finance conference organized by the Chartered Institute of Bankers of Nigeria (CIBN), with the theme, “Financial Service Industry Agenda for a New Nigeria” explained that with the dwindling national income due to the challenges emanating from the sharp decline in crude oil prices, end of Quantitative Easing Programme of US Fed and heightened geographical tensions in parts of the world provide opportunity for Nigeria to re- structure, re-invent and restrategise in order to diversify the economy.
According to him, to achieve self-sufficiency goal and boost domestic productivity, it is imperative that the industry re-orient itself by supporting strategic development sectors and infrastructural projects.


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