OrderPaperToday – Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has promised to go after offenders of government’s economic policies.
Emefiele equally urged Nigerians to respect and implement government polices when made.
He said these during his screening on Wednesday by the Senate committee on Banking and Insurance for his second tenure following a reappointment by President Muhammadu Buhari.
Emefiele said: “It is difficult but we will do our best. The road ahead is still very tough. I use this opportunity to appeal, we have to learn to respect the policies of the country.
“Nigeria has good and workable policies but implementation has been neglected because we see sabotaged activities. CBN will ensure that those who seek to undermine the policies of Nigeria will be brought to book. Pray for us because the road ahead is tough.”
Speaking on developments made in the agriculture sector, he commended President Muhammadu Buhari whose statement “eat what we produce” birth the anchor borrowers programme.
He added: “We have started looking at palm oil. The price of a barrel of palm oil is more than a barrel of crude oil. We will grow that market again. After palm oil, we will focus on Cocoa in the South West.”
The CBN Governor addressed rumours of multiple exchange rates raised by Senator Isaac Alfa saying: “We don’t have multiple exchange rate rather we have multiple windows and we have no apology for that. It is for a good reason.”
The Chairman of the committee, Senator Rafiu Ibrahim in his remarks praised Emefiele and assured an “expeditious report on consideration” at the chamber.