CHARLES SOLUDO BLOW THE WHISTLE ON THE STATE OF NIGERIA ECONOMY

 CHARLES SOLUDO BLOW THE WHISTLE ON THE STATE OF NIGERIA ECONOMY

Following the declining state of Nigerian economy, the former Governor of the Central Bank (CBN), Professor Charles Chukwuma Soludo has warned that unless the Buhari administration embarks on long-term structural economic measures to salvage the nation, the economy may hit the red line.

 Charles Soludo, as the Guest Speaker at the 4th Progressive Governance Lecture, organised by the 23 All Progressives Congress (APC) governors in Kaduna, lamented the state of the economy, saying that Nigeria has now been listed 13th on the list of failed or fragile State under the current world economic index.“The topic that I have been assigned to speak on is Building the Economy of States, Challenge of Developing Inclusive and Sustainable Growth. At a time like this, I don’t think there is a better topic to be addressed”.
.the former CBN Governor in his speech says “I believe that the collapse in oil prices is a blessing and an opportunity for a new beginning. And this is predicated on the fact that I believe that the trajectory that we have gone through before was not a sustainable path. And therefore, with the collapse of oil prices, it is a clarion call for us to press the reset button and start afresh on a more sustainable path,” he said.
Among the audience at the gathering, were the Vice President, Professor Yemi Osibanjo, the APC Governors and Deputy Governors, who also spoke on the socio-economic challenges facing the nation and steps being made to surmount the problems