CBN freezes accounts of some identified smugglers, sabotaging Nigeria’s economy

Central Bank of Nigeria Governor, Godwin Emefiele, has revealed that bank has freeze accounts of some identified smugglers known for sabotaging Nigeria’s economy in the textile, rice and palm oil sectors.

Emefiele disclosed this at a roundtable session on developing a road map for greater growth and job creation in Nigeria, which was attended by eminent personalities in the financial sector at the weekend.

The event was organized to allow stakeholders in the private sector to air their views and also provide some inputs into the road map to be unveiled in due course for achieving greater growth and job creation in Nigeria.

He said smuggling and dumping has sabotaged economic policies in Nigeria.

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