Nigeria: Making Economic Recovery Plan Sustainable (Recession).

“Economic expert and members of the Organised Private Sector (OPS) have urged the Federal Government to align its economic policies with projections in the global economy as part of measures to aid the realisation of the Economic Recovery and Growth Plan (ERGP) roadmap.

According to the stakeholders, though the tide in the first half of 2017 is changing and presently favours the nation’s economy as against what was experienced in the comparable period of 2016, efforts need to be made to sustain the gains recorded. Specifically, they advocated the implementation of actions that will lead to structural shifts across various sectors of the economy in a way such that foreign investment policies are in tandem with the nation’s fiscal and monetary policies. Speaking at the first breakfast session of the Financial Services Group of the Lagos Chamber of Commerce and Industry (LCCI) in Lagos, yesterday, the keynote speaker and Managing Director of Economic Associates, Dr. Ayo Teriba advocated the creation of foreign exchange buffers to avoid a repetition of another economic crisis.”


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