Home Business Delay in signing 2017 budget bad for economic recovery – Expert
Delay in signing 2017 budget bad for economic recovery – Expert
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Delay in signing 2017 budget bad for economic recovery – Expert

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Image result for Tunde LemoBarely 24 hours after the postponement of the signing of the 2017 budget, a former Deputy Governor of the Central Bank of Nigeria, Tunde Lemo has hinted that the delay is not good for the country’s economic recovery.

He made this known while delivering a lecture on Nigeria’s Economic Recovery and Growth Plan at the D. S. Adegbenro Polytechnic, Itori, Ogun State.

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 and that 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.

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