Nwoko, in an interview with the News Agency of Nigeria (NAN) Monday in Abuja, noted that embracing lessons from countries like South Korea and India, whose initial import restrictions led to long-term economic growth was imperative, adding that Nigeria must aim to chart a similar course.
While recognising the concerns raised by the CBN governor over Nigeria’s reported losses amounting to $1.4 billion over eight years due to restrictions on specific items, he however, said that was a small price to pay.