Lagos-based Business and Investment Consultant, Dr. Vincent Nwani, has declared that 100 days into President Muhammadu Buhari's second term, Nigeria's economic policy has remained unclear and fragm...
Lagos-based Business and Investment Consultant, Dr. Vincent Nwani, has declared that 100 days into President Muhammadu Buhari’s second term, Nigeria’s economic policy has remained unclear and fragmented.
He also noted the P&ID judgement debt of $9.6bn which, he said, currently puts about three per cent of the nation’s GDP at risk. Reviewing the nation’s macroeconomic scorecard within the President’s first 100 days in office, Nwani said the period shows slower economic growth performance of 1.94% in second quarter of 2019, down from 2.01 in first quarter of 2019.
unemployment rate, foreign direct inflows and Nigerian Stock Exchange All Share index metrics show depressing performance. He argued that, beyond the numbers, the performance scorecard that works best for investors is to see a more conducive business environment that propels firms to become more competitive and sustainable.
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