He said, “I can tell you that if we leave these borders closed for another two years, Boko Haram will reduce. I can tell you that Kidnapping and ‘Yahoo-Yahoo’ will reduce because they will now see that the only place that they can make money is in agriculture and not in kidnapping people”.
According to him, one week after the borders were closed, the President of the Rice Farmers Association called to say that all the rice in their warehouses had been sold. “The poultry people also called to say they have sold all their eggs,” he said.
Emefiele said that some neighbouring countries were undermining Nigeria’s economy by opening their countries for others to dump their goods into Nigeria, adding that Nigeria economy needed to be put in place to guarantee real growth.