Nigeria must address structural imbalance to sustain exit from recession – Expert
A former Deputy Governor of the Central Bank, Earnest Ebi has said addressing the nation’s structural economic imbalance is key to sustaining the Nigeria’s exit from recession.
Enerst Ebi stated this in Ede, Osun State while delivering a lecture on the topic, “Negotiating the recession challenges: option for the structurally unbalanced Nigerian Economy”.
He said, the country must improve on institutional framework, ease of doing business and encourage strong private sector participation.
The former CBN Deputy governor who gave a nod to the federal government resolve to ensure a sustainable economic development through its Economic Recovery and Growth Plan however expressed doubt over the implementation which has no clear timeline.
On the issue of unemployment, Ebi wants the youth to leverage on some of the CBN Intervention Programme in agriculture and Information Technology which provide massive economic opportunities.