The Central Bank of Nigeria, CBN Governor Godwin Emefiele has identified smuggling and dumping of goods as the greatest challenges hindering the success of Nigeria’s economic policies.
Emefiele made this known in Ibadan at the first Distinguished Leadership Lecture of the University of Ibadan, Oyo state.
He stated that smuggling and dumping had done more harm to the nation’s economy by impeding investment which would create jobs and reduce poverty.
The chairman of the occasion, Sam Olofin commended the various policies of CBN, noting that Nigeria could not follow the orthodox path to get result.
Also the university’s Vice Chancellor, Idowu Olayinka appreciated the efforts of CBN under Emefiele which had helped in repostioning the nation’s economy.
