Don’t Japa: Building Nigeria’s Future Together – Cardoso Urges Nigerians

In light of the increasing trend of Nigerians seeking greener pastures abroad, commonly referred to as ‘Japa,’ the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has made a passionate appeal to Nigerians, particularly the youth, to reconsider leaving the country. Instead, he encouraged them to participate actively in Nigeria’s ongoing economic transformation.

Vision for Nigeria’s Economic Growth

Cardoso outlined the CBN’s commitment to creating a thriving economy that benefits every individual, business, and community. He said, “We are not merely managing the economy; we are transforming it.” To achieve this, the CBN is implementing a series of targeted reforms:

1. Financial Inclusion: Ensuring access to financial services across Nigeria, including rural areas, to foster nationwide economic participation.
2. Investment in Infrastructure: Expanding roads, power grids, and digital connectivity to create a solid foundation for job creation and business growth.
3. Support for Entrepreneurs: Offering funding, training, and resources to small businesses and startups, which are the backbone of economic growth.
4. Monetary Policy Reforms: Focusing on economic stability to attract both local and foreign investment while creating job opportunities.

Risks of Japa: Why Staying Matters

While acknowledging the frustrations that drive emigration, Cardoso highlighted the risks of leaving Nigeria during this pivotal period of economic change:

• Asset Undervaluation: Selling properties or investments at a loss, only to see their value appreciated later as the economy stabilizes.
• Loss of Talent: The exodus of skilled professionals weakens Nigeria’s capacity for growth and innovation.
• Social and Cultural Impact: Mass emigration threatens the preservation of Nigeria’s rich cultural diversity and social cohesion.

He emphasized, “Nigeria needs its brightest minds to drive the change we are working toward.”

Steps for Building a Better Nigeria

Cardoso urged Nigerians to take proactive steps to contribute to the country’s progress:

1. Invest in Nigeria: Explore opportunities in local businesses, real estate, and stocks to grow both personal and national wealth.
2. Enhance Skills: Focus on building expertise in critical sectors like technology, agriculture, and energy to meet the country’s growing demands.
3. Engage in Community Development: Participate in grassroots initiatives that directly impact local communities.
4. Show Patriotism: Believe in Nigeria’s potential and actively contribute to its development.

A Bright Future for Nigerians

Under Cardoso’s leadership, the CBN is rolling out programs aimed at fostering a stable and prosperous economic environment. He expressed optimism, stating, “We’re not just building an economy; we’re building a future where every Nigerian can realize their dreams.”

In his closing remarks, he appealed directly to the youth: “Don’t ‘Japa.’ Stay. Engage. Build. Nigeria’s best days are ahead, and your role in this journey is indispensable. Together, we can achieve greatness.”