Tuesday, 20 September 2016

Why Nigeria is in recession

A group of Nigerian professionals has attributed the current economic challenges facing the country to the inability of government at all levels to seek professional advice from experts.
The professionals, who spoke under the aegis of the Association of Professional Bodies of Nigeria, lamented that government had always relied on politicians for advice.
President of the APBN, Mr. Foluso Fasoto, explained that Nigerian would not have experienced recession if professionals had been involved in policy making and the art of governance.

Fasoto, who spoke during the inauguration of Rivers State Chapter of APBN in Port Harcourt on Tuesday, called on the government to partner the body, adding that the association’s advice was capable of leading the nation out of recession.
He said, “Government at all levels should work closely with professionals. In the past, politics took priority over professionalism and that is the reality we are facing.
“But if government at all levels work closely with professional bodies and they adhere strictly to professional advice, we will soon get out the economic problem.
“We are currently, as country, in recession and we have no business being in recession. This is the time the government needs the professionals most to advise it.
“Government should monitor its programmes and activities so that we can tap into all the resources of the nation and bring Nigeria to be among the first countries in the world.”





Punch

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