A former Deputy Governor of the Central Bank of Nigeria, Tunde Lemo says delay in the signing of the 2017 budget is not good for the country’s economic recovery.
Lemo disclosed barely 24 hours after the postponement of the signing of the 2017 budget.
TVC News Kazeem Olowe reports that for some years now, Nigeria has been confronted with economic challenges
and government at federal state level have been working on how to save the Country from total collapse.
Government workers are also complaining of poor remunerations, delay in payment of salaries and poor working tools. And recently, delay in signing of the budget has been generating reactions from Nigerians.
Speaking on the signing of the budget, a former Deputy Governor of Central Bank, Tunde Lemo said the delay is not good for the country.
He said the budget of every new year should be signed at the last week of the preceding year said the country must embrace Investment-led recovery.
While speaking on what he called radical solutions to the economic decline, Tunde Lemo said Nigeria may soon get out of recession, but not out of poverty and suggested efficient tax collection.
He condemned the style of governance in Nigeria, noting that the government is top heavy and wants the number of states in the country reduced.
On how to reduce unemployment, the former CBN Deputy Governor urged the government to change the country’s educational curriculum and encourage technical training in the country.