CHAIRMAN, Kwara
chapter, Chartered Institute
of Bankers of Nigeria CIBN,
Mr. Abdulraheem Yusuf has
said the Federal Government’s
agriculture intervention
programme could take the
country out of recession.
Yusuf, who stated this
yesterday in Ilorin, noted that
the effective management of
exchange rate could equally
take the country out of
recession.
He therefore called on
Nigerians to ensure that they
added value to agriculture in
all its ramifications in order to
earn foreign exchange.
According to him, “With
food production and reduction
in the level of corruption
and unemployment, the
government can get us out
of the situation we have
found ourselves”. Yusuf said
that the government also
needed to police the borders
more effectively to reduce
smuggling.
According to him, smuggling
is harmful to the economy
because people are making
sacrifices to produce for
export as well as for local
consumption. “Regrettably,
people still smuggle goods,
so effective policing of our
borders through the custom
officers will help a lot to
encourage local production,”
he said.

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