Nigerians need to consume, export what they produce -Emefiele 

The Central Bank of Nigeria says Nigerians need to consume what they produce and export the surplus after adding value to it.

The CBN Governor, Godwin Emefiele, disclosed this on Thursday in Akure, Ondo state capital, during the occasion of the 32nd Seminar organised by the Central Bank of Nigeria, for Finance Correspondents and Business Editors, themed, “Exchange Rate Management and Economic Diversification in Nigeria: The ‘PAVE’ Option”.

In the keynote address, he said, “I am mindful that our goals may appear ambitious to some, but I am resolute and determined that we can achieve it.

“Many countries that are much less endowed than Nigeria are doing it. Consider for example that agriculture exports alone from the Netherlands was about US$120 billion last year.-Punch