The Governor of Central Bank, Godwin Emefiele has appealed to bandits to drop their weapons and borrow money from them.
The governor said this while addressing journalists after a two-day meeting of the Monetary Policy Committee in Abuja.
Mr Emefiele appealed to bandits and others involved in criminal activities across Nigeria to drop their arms and embrace the apex bank’s Anchor Borrowers’ Programme (ABP). He said those involved in criminality can be more productive by embracing the apex bank’s scheme.
“If you want an economy to grow, the level of insecurity must be low because if there is a high level of insecurity like what we see today, the economy will suffer,” Mr Emefiele said, adding that there is a connection between security and economic growth.
“I, therefore, would like to appeal to our brothers, who decide that they want to live in bushes and forests, that they should please, begin to retreat, drop their arms and come and embrace the anchor borrowers’ programme,” he said.
“If they do so, it will help them; if they choose not to do so, they will be confronted by the security as this battle continues.
“I am optimistic before the end of the year that the security challenges confronting the country will substantially abate”. Premium Times