The Governor of Central Bank of Nigeria Mr. Godwin Emefiele has said the private jets belonging to loan defaulters would be seized.
Emefiele, who spoke on Saturday during a visit to the Dangote refinery and fertilizer project site in Lagos, said the chunk of the loans in the Asset Management Corporation of Nigeria was being owed by Nigerians.
![Emefiele at Dangote refinery](https://cdn.dailytrust.com.ng/wp-content/uploads/2020/03/Dangote-600x254.jpg)
He said Nigerian banks were willing to support entrepreneurs in the country “ but they need credible people that can come in and borrow money and pay”.
He said, “ In any case, the central bank will not allow you to borrow money and not pay again. The era has gone. Now, when you take a loan, you will pay. If you don ’t pay, we will take your money wherever you keep it.
“ If you are driving private jets, we will seize the private jets so that you can begin to ride on bicycles. Then we will know you are truly a liquidated person. ”
Emefiele, who commended the President, Dangote Group, Aliko Dangote, for the projects, said the CBN would continue to support entrepreneurs willing to “ come out and contemplate projects where people can be gainfully employed ”.
He said, “ Today, there are 34,000 people working in this facility; in the next two months, it will double to almost 65,000 to 70,000 people in this complex.
“ That is how a country creates prosperity, and that is why we are coming out boldly that we will support anybody.
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