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5 Critical Tips On The Rebuilt Of The Nigeria Economic Saga - Politics - Nairaland

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5 Critical Tips On The Rebuilt Of The Nigeria Economic Saga by Peterdredd(m): 12:52pm On Sep 14, 2018
After we have been able to make power supply available and stable. Some critical issues should also be addressed.

[img]https://4.bp..com/-yLZPgTct4MY/W5hzRcyg16I/AAAAAAAAAxY/ypOKJGOiVCQE6rgWETRV18Ml7BF9dTaWwCEwYBhgL/s1600/nigeria-economy.gif[/img]

1. The cashless policy:

This would be best if introduced and took effect in a state like Nigeria,for the Nigeria Naira to be strong again it would have to be scarce and the issue of money laundering should be curtailed and banks Should be given terms and conditions with the presence of the ICPC and EFCC.

2. The scrap of the N1000 note:

The N1000 note should be implemented and be replaced by coins and kobo,its important we should reduce the number of zeros in our currency to prevent inflation and commonness of Nigeria Naira.

3. Infrastructural goal:

Nigeriais ranked as one of the largest oil producing state amidst the Oil producing States in the international community it's a pity and very disheartening if we can't boast of our own refinery because with this if constructed, job opportunities for the petrochemical engineers would be made available and other fields,the building of cocoa house should also be look into.


4. Diversification of the economy:

This is also a key policy that must take effect if we must enjoy a turn around, Agriculture must be one of the means where we generate funds and contribute to our gross domestic product annually, all other mineral resources gifted to us by nature are enough to make Nigeria be better than most developed countries of the world, importation of some domestic products like finished products should be ban.

Nigeria is a big market and should not be a dumping ground for this, our government should try to convince the international investors around the globe to come down to Nigeria and invest, we buy phones and Automobile's in higher rates,if this people can come over and bombard each state of the federation with companies gradually we are growing up and poverty is gradually reducing.


5. Military relation:

Our armed forces dominated the Ecowas monitoring group (Ecomog )we should stop offering services for free for a certain period of time Nigeria government should try to have a laid down agreement with other Western African countries which would be of benefit to us, which may be in form of a bilateral relation or unilateral relation through that we are gaining ground gradually...
we must delink our economy from the capitalist state economy and embrace a socialist economy route.

Written by Comr. Awote Jeremiah Oladele

Article Source: https://www.dreddsworld.com/2018/09/5-critical-tips-on-rebuilt-of-nigeria.html?m=1

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