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Solution To Economic Recession In Nigeria - Business - Nairaland

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Solution To Economic Recession In Nigeria by demmymoney(m): 7:48am On Sep 14, 2016
~MY SOLUTION TO THE ECONOMY RECESSION IN NIGERIA ~

PMB should declare a state of emergency on the economy of Nigeria. He should then go to BON and declare all radio and television stations to be hooked only on NTA.Lock all the borders nobody goes in nobody goes out.He should then proceed to NTA and address the nation on what is happening on the economy.

What will need now is to pump enough cash into the economy.We then introduce a credit economy system and a strong tax reform system into Nigeria. All students, small scaled businesses, big businesses and normal citizens be allowed assessed to the credit economy system.A strong database system be used to keep records of all Nigerians.

For students,for you to continue your education in the university u must collect student's loans.

For small scaled businesses must be allowed assess to small and medium loans.

For big businesses already they have assess to big loans.

Normal citizens will also be allowed assess to normal loans too.

We must begin to develop a borrowing attitude in our society.Less equity,everybody must be in debt whether they like it or not.

The govt should then begin to sentisize the people on why and how we must borrow and use debt.

If all this things are not put in place,I fear collectivism is inevitable.

Good morning
#demmymoney
Re: Solution To Economic Recession In Nigeria by adewaled(m): 1:48am On Mar 13, 2017
I agreed with some points on your writeup about solutions to Nigeria Economic recessions.

There are some basic steps to take if we are really interested getting out.

agricultural sector development

Human capacity development

ICT integration in all sectors of the economy

visit http://freightdrive.info/blog/nigeria-economic-recession-solutions/ for more practical steps
Re: Solution To Economic Recession In Nigeria by being(m): 2:29am On Mar 13, 2017
Do you think this is a military state?@ OP.
Re: Solution To Economic Recession In Nigeria by demmymoney(m): 10:22am On Mar 03, 2020
being:
Do you think this is a military state?@ OP.


This isn't a military tactic, it's a democratic one
Re: Solution To Economic Recession In Nigeria by mastertunji(m): 11:07am On Mar 03, 2020
Economy built majorly on loan is disastrous. What major achievements has Nigeria had with its almost $30 trillion loan?
Re: Solution To Economic Recession In Nigeria by demmymoney(m): 5:45pm On Feb 07, 2022
mastertunji:
Economy built majorly on loan is disastrous. What major achievements has Nigeria had with its almost $30 trillion loan?

First world Asian nations are run on 100% debt, infact some of them use negative interest rates for example Japan

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