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Author Topic: Niger Delta: Nigeria loses $1bn monthly –Lamido  (Read 2027 times)

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Niger Delta: Nigeria loses $1bn monthly –Lamido
« on: August 11, 2009, 02:42:00 AM »
THE governor, Central Bank of Nigeria (CBN) Malam Sunusi Lamido Sunusi has said that Nigeria losses one billion dollars monthly as a result of Nigeria Delta crisis.
Malam Sunusi stated this last weekend during a dinner organized in his honour by Kano state business community held at AFRICET Conference Hall Sultan Road.
The apex bank governor, pointed out that if the money was utilized, it would have assist in developing many sectors of the economy as well as provide gainful employment to the teeming youths of the country.
He said all hands must to be on deck towards addressing the issues of ailing industries in the country saying the apex bank is now refocusing on strengthening the economy and improved capital expenditure for business.
Malam Sunusi pledged to render total commitment in the banking sector as well as free the nation from the global economic crisis.
He said the CBN will not hesitate to deal with any one who mismanage resources, adding that time has past for such corrupt officers.
On his part, Alhaji Salisu Sambajo all and sundry urged to assist the federal government in reviving the ailing industries in  to provide employment to youths as well as create wealth to the nation.