A social analyst in
Rivers State, Barr Noble Ejukwo, has called on the Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele to without hesitation make good his promise of robust economy and stable currency in 2016.
Ejukwo, who made the call in an interview with The Tide correspondent in his office in Port Harcourt said the call became necessary following the dwindling economy and the currency depreciation.
He said the promise by the apex bank governor was heart warming, pointing out that he should set machinery in motion by involving additional measures to boost the nation’s economy and ensure the stability of the naira in the country.
According to him, the CBN boss had assured the people of Nigeria that the Nigerian economy was not as bad as being portrayed when compared with other economies in Africa, adding that he should without delay take proactive measure in ensuring stability of the economy and currency.
The analyst said the economic down-turn in the country should be tackled immediately and appealed to the present administration of Muhammadu Buhari to give the issue priority attention before it plunged into a crisis situation.
It would be recalled that Emefiele had recently in a media parley disclosed that CBN would soon start a nationwide campaign to sensitise Nigerians on items excluded from importation as part of efforts to save more foreign exchange and stabilise the nation’s currency.
“The solution to free fall of the naira is by controlling the demand for foreign currencies such as the dollar. If we are able to reduce importation, the demand for the dollar will fall automatically,” he opined.
He, however, advocated that Nigeria should go back to the farm which is a cheap means of resuscitating the economy.

Collins Barasimeye