Hardship: It’s Not A Good Idea To ‘Japa’ – Cardoso Begs Nigerians

Hardship: It's Not Good Idea To Japa - Cardoso Begs Nigerians

The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has appealed to Nigerians to shelve any plan of leaving the country because of economic hardship.

Yemi Cardoso said the current economic hardship in the country required the collective effort of all Nigerians to fix it.

He stated that the government through its policies is building an economy that would sustain and help businesses thrive.

The CBN Governor made the appeal in a keynote address at the 59th annual Bankers Dinner of the Chartered Institute of Bankers of Nigeria, CIBN, in Lagos.

“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,” Daily Post quoted him.

While acknowledging the hardship Nigerians face because of the government’s economic reforms, he said “the reforms were focused on tackling challenges of today and on securing the opportunities of tomorrow with the aim of building an economy where everybody thrives”.