A former governor of the Central Bank of Nigeria (CBN) Prof Chukwuma Soludo has stated that the poor economic ideas implemented by the present administration is the reason Nigeria fell into recession.
He lamented that fixing the nation’s economy is not as difficult as the administration’s policy makers would want Nigerians to believe.
Soludo made the observation while presenting a paper at the 2017 International Conference of the Department of Business Administration of the Nnamdi Azikiwe University, Awka, Anambra State on Thursday.
The theme of the conference was “Managing a recessed economy; options for Nigeria.”
According to the renowned economist, Nigeria began to witness economic downturn barely a year after President Muhammadu Buhari took over power, because the country’s policy makers were unable to rise to the challenge.

Full details: https://www.ripplesnigeria.com/buhari-apcs-poor-ideas-put-nigeria-recession-soludo/

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